And there's a UK not-quite-equivalent, Zopa - they offer better rates and flexibility than high street banks do for lending, but their restrictions on borrowing are about standard. Thanks to hairyears for the link.
Zopa seems much more lender-oriented than borrower-oriented compared to Prosper, which seems to specifically try to attract at least some of those people who would pay back loans but don't usually qualify (ie those with a particularly low income, or possibly a bad credit rating due to circumstances which have now changed). If I were in the US I could borrow on Prosper, but there's no way I can borrow on Zopa because I earn less than £25K per annum.
Still, good news enough for lenders, I guess. It would be nice if the transparency extended both ways.
I would, but I'm not sure I can face filling in a tax return next year... might have to anyway if I can't find a way of losing money on club nights, mind you.
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There's a UK equivalent called Zopa (http:www.zopa.com). I'm giving them a try.
I don't fancy lending to the USA website,I don't know what kind of currency risk I'm taking.
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Still, good news enough for lenders, I guess. It would be nice if the transparency extended both ways.
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