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Group Lending
posted by SpeedyJr
9 months ago

Group Lending is becoming a hot topic on the internet now. Basically it allows Person to Person lending in a more secure fashion. Prosper.com is leading the pack of sites focused on group lending. I personally have become a lender on Prosper. The idea isn't to loan someone a large amount rather to diversify your loans over many people. They recommend $50 loans, thats why its "group lending" its takes a group of loans to equal the amount requested. check it out.
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