Archive for Small Loans

What is the name of the site where private individuals put up small loans for people?

Question by Chick-A- Deedle: What is the name of the site where private individuals put up small loans for people?
I saw a site last year that had people willing to make small loans for people…does anyone know what site that is?

It was people loaning money to others for things like small investments or taking board exams….so on and so forth.

It’s not a financial institution or related to the finance industry…it’s just people making loans to others without the hullabaloo most folks have to go through.

Thanks!

Best answer:

Answer by Judy
Prosper.com
They make about 1% of the proceeds from your loan.
They are the only ones that I know that are legit.
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