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Web-based payment/lending platform offers 0% interest loans to college students

3 pointsby smysoreover 16 years ago
peer-to-peer lending and microfinance are talked about a lot these days and lots of companies that have built lending platforms on the web have become super successful...here's one that facilitates alumni to student loans at 0% interest..

1 comment

tom6aover 16 years ago
There is great potential here but how are they going to get around the regulatory challenges.<p>A similar site (which charged interest) recently shut down - <a href="http://prosperlending.blogspot.com/2009/01/fynanz-halts-p2p-lending-markets.html" rel="nofollow">http://prosperlending.blogspot.com/2009/01/fynanz-halts-p2p-...</a>
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