New P2P Lending Service - Lending Club - Launches on FaceBook
Lending Club, a Sunnyvale, California-based startup, has launched a new person-to-person lending service on the social networking service FaceBook. From the company's web site: "Lending Club is an online lending community where people can borrow and lend money, bypass the banks, and get better rates. By working together, members can borrow money more easily and at a better rate than they would get from a bank, or invest in a pool of loans at higher rates than those served by savings accounts or CDs." Lending Club is using the recently introduced Facebook Platform for integration into Facebook. Read more on the Lending Club blog.
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Thank you for the nice post.
Rex
Posted by: Rex Dixon | May 25, 2007 at 01:27 PM