Lend money? (pay, business, default, investment)

[macguy]

I never heard of this before today on the radio. Would any of you actually lone these people money? I doubt I would but it is certainly different.

http://www.prosper.com/

[Jaysie_Marnix]

I've heard a similar of not the same article in NPR news.

The premise is that it's a gamble of an investment. Some can default and you'd not get the money you loaned. Some people do pay as their intent like a business grows--so you get paid in your investment.

There are similar programs in foreign countries called micro-loans.

[shuke]

Only borrow money from pessimists. They don't expect to get it back.

[martinez4]

Originally Posted by shuke

Only borrow money from pessimists. They don't expect to get it back.

LOL...pretty funny