Has anybody heard of a positive experience with p2p lending?

Has anybody heard of a positive experience with p2p lending?
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1 Answer

Answer :

answer:hmmm, like Kiva? I don’t have any personal experience (beyond being very impressed with the success of the idea) but read a quick article from Guy Kawasaki The Six Lessons of Kiva that includes a bit about his experience and views on the whole process. He also links to an article about the organization and those behind it. It might get the ball rolling for you. They’ve gotten quite a bit of press as well, but this is the most recent I’ve run across. good luck.
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Related questions

The practice of lending money to unrelated individuals, or “peers”, without going through a traditional financial intermediary such as a bank or other traditional financial institution is called__________ A. B2B transactions B. C2C transactions C. P2P lending D. PPP Model E. P2P Investing

Description : The practice of lending money to unrelated individuals, or “peers”, without going through a traditional financial intermediary such as a bank or other traditional financial institution is called__________ A. B2B transactions B. C2C transactions C. P2P lending D. PPP Model E. P2P Investing

Last Answer : C. P2P lending Explanation: P2P lending, is the practice of lending money to individuals or businesses through online services that match lenders directly with borrowers.

I have heard of hard money lending companies, but I'm not familiar with the bridge loans they handle, can you explain this please?

Description : I have heard of hard money lending companies, but I'm not familiar with the bridge loans they handle, can you explain this please?

Last Answer : A bridge loan is a short term that is usually used by home buyers that can't afford the immediate up front exepenses with building a house. These loans are generally paid off by closing of the house.

Have you used a travel-oriented P2P (person to person) website?

Description : Have you used a travel-oriented P2P (person to person) website?

Last Answer : answer:I have not but a friend of mine put his car on RelayRides. It rented only about once a month, but he's in the suburbs. Probably in the city it would get more use. It worked out fine but ... he could take his dog along. The owner was away on business, He says he definitely would do it again.

In layman's terms can you explain to me why this P2P site is still up?

Description : In layman's terms can you explain to me why this P2P site is still up?

Last Answer : Are you sure you don’t mean http://thepiratebay.se/ ?

What are the best p2p file sharing network on the web?

Description : What are the best p2p file sharing network on the web?

Last Answer : Still torrents last time I checked. Usenet is worth looking into but not p2p

What are the best options for p2p file sharing?

Description : What are the best options for p2p file sharing?

Last Answer : I use utorrent and ScrapeTorrent. I’m not going to explain how these two things work together. It isn’t hard.

What's a good p2p program or network,that is legal an for iPod and iPhone.

Description : What's a good p2p program or network,that is legal an for iPod and iPhone.

Last Answer : Well, it depends if you mean on the iPod Touch / iPhone or you mean for the iPod Touch or iPhone, you dont make that clear. Ether way, if your looking for something cheap, i've heard ... DRM free also, however personally i use iTunes, which of course works amazingly well with the iPod / iPhone.

Which is the best peer to peer software or p2p client?

Description : Which is the best peer to peer software or p2p client?

Last Answer : answer:Limewire happens to be the best p2p application for music. Its fast, has a huge collection, lets you download individual songs. 823 of the 2037 songs in my iPod are from limewire. The only ... safe, do not share your limewire collection. Ps. message if you want the PRO version of limewire

Any simple P2P opensource library to use?

Description : Any simple P2P opensource library to use?

Last Answer : answer:With out more details this is a hard question to answer. If you are down with Python you can get the source to Bittorrent. Source Hack away.

With P2P and piracy growing faster than ever, do you think that the idea of intellectual property is coming to an end and that open source software is the rising star?

Description : With P2P and piracy growing faster than ever, do you think that the idea of intellectual property is coming to an end and that open source software is the rising star?

Last Answer : Maybe, but the growth of piracy is at the cost of open source. Many (if not all) open source programs compete on price, but if people get the other stuff for free, that’s one advantage less.

Are there any good p2p programs for the mac?

Description : Are there any good p2p programs for the mac?

Last Answer : answer:I don’t like any of the free ones, so I bought Acquisition. My P2P client is the only piece of software I have ever bought. Ironic, isn’t it? By the way, I am very happy with Acquisition.

What is Peer-to-Peer Network (P2P Network) ?

Description : What is Peer-to-Peer Network (P2P Network) ?

Last Answer : A peer-to-peer (P2P) network is a group of computers that act as a node to share files between each group. Instead of a central server acting as a shared drive , each computer acts ... moved to a central server and shared the responsibility of sharing between multiple nodes to free up bandwidth.

What is the full form of P2P ?

Description : What is the full form of P2P ?

Last Answer : Full version of P2P Peer 2 Peer.

Has anybody ever heard of someone being informed over the phone that a bad check has been linked to them by their Social Security Number?

Description : Has anybody ever heard of someone being informed over the phone that a bad check has been linked to them by their Social Security Number?

Last Answer : answer:Sounds like a phishing scam. I would forget about it. Edit: Apparently, the FCC takes reports of phishing calls: http://esupport.fcc.gov/complaints.htm

Have you heard of anybody getting sick from raw milk?

Description : Have you heard of anybody getting sick from raw milk?

Last Answer : http://skeptoid.com/episodes/4383

Anybody ever heard about blacked out semi trucks that only run at night with no lights while traveling down the road at 100+ MPH?

Description : Anybody ever heard about blacked out semi trucks that only run at night with no lights while traveling down the road at 100+ MPH?

Last Answer : Never heard of them.

Has anybody heard anything about depression being a sort of "diagnostic mode?"?

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Last Answer : Do you mean depressive realism?

Stop me if you heard this one! Anybody have a one-liner or short, clean, joke they'd like to tell?

Description : Stop me if you heard this one! Anybody have a one-liner or short, clean, joke they'd like to tell?

Last Answer : Two fish were in a tank. One said to the other, “I’ll drive, you man the turret.”

Has anybody on Ask-public heard off a location called Clacton On Sea?

Description : Has anybody on Ask-public heard off a location called Clacton On Sea?

Last Answer : Yes, I’ve been there. It’s in Essex.

What personal rules have you developed when it comes to borrowing or lending money to friends and gamily?

Description : What personal rules have you developed when it comes to borrowing or lending money to friends and gamily?

Last Answer : Only lend, if you are ok with never getting it back.

Can a private citizen start their own for profit lending library?

Description : Can a private citizen start their own for profit lending library?

Last Answer : You don't need a degree to open a store. You do need some other things, such as a business license, a business plan, and funding. But if you're talking about for profit, it's not lending-it's ... you like the work. (Also you can have a master's or other degree and still be a private citizen.)

Is the lending service Kiva legitimate?

Description : Is the lending service Kiva legitimate?

Last Answer : Yes, they appear to be legitimate. Charity Navigator gives Kiva a high rating.

What are your personal guidelines on lending money to people you know?

Description : What are your personal guidelines on lending money to people you know?

Last Answer : I never lend books or money. If I have it to give, then I will give and gladly. More than once someone was willing to do the same for me, and it made a huge difference in my life.

Can someone explain to me how the Amazon Prime Kindle lending library works?

Description : Can someone explain to me how the Amazon Prime Kindle lending library works?

Last Answer : I use it all the time. Here is how it works.

Looking for a link to the ENTIRE Amazon's Prime Lending Library.

Description : Looking for a link to the ENTIRE Amazon's Prime Lending Library.

Last Answer : This?

Have you done micro-lending?

Description : Have you done micro-lending?

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Why is it necessary that banks and co-operatives increase their lending in rural areas ? Explain. -SST 10th

Description : Why is it necessary that banks and co-operatives increase their lending in rural areas ? Explain. -SST 10th

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Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas ? Explain. -SST 10th

Description : Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas ? Explain. -SST 10th

Last Answer : Banks and cooperatives should increase lending facilities in rural areas: 1. The informal sector lends at a high-interest rate in rural areas so the cost for the borrower is much more. 2. When the cost ... where the amount to be repaid is more than the borrower's income and he has to borrow more.

What is collateral ? Why do lenders ask for collateral while lending ? Explain. -SST 10th

Description : What is collateral ? Why do lenders ask for collateral while lending ? Explain. -SST 10th

Last Answer : Collateral is an asset owned by the borrower like land, building etc, and is used as a guarantee to the lender till the loan is repaid. Lenders ask for collateral because: 1. It serves as a ... . 2. In case of failure of repayment of the loan, the lender can take the collateral as compensation.

Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas? Explain. -SST 10th

Description : Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas? Explain. -SST 10th

Last Answer : Most loans from informal lenders carry a very high interest rate and do little to increase the income of the borrowers. Hence, it is necessary that banks and cooperatives increase their lending ... the formal credit is distributed more equally so that the poor can benefit from the cheaper loans.

Why do lenders ask for collateral while lending ? -SST 10th

Description : Why do lenders ask for collateral while lending ? -SST 10th

Last Answer : Lenders ask for collateral as security against loans. If the borrower fails to repay the loan, the lender has the right to sell the asset-or collateral to recover the payment. Collateral assets ... defaults on repayment of loan. It is for this reason that lenders ask for collateral while lending.

Why is it necessary for banks and cooperatives to increase their lending in rural areas ? -SST 10th

Description : Why is it necessary for banks and cooperatives to increase their lending in rural areas ? -SST 10th

Last Answer : Necessity for the banks and cooperative societies to increase their lending facilities in rural areas : (i) Dependence on informal sources of credit reduces. (ii) To provide more loan facilities ... to increase the lending facilities to improve the livelihood of the people in the rural areas.

which According to the Truth in Lending Act, which of the following is the bank NOT obligated to inform you of?

Description : which According to the Truth in Lending Act, which of the following is the bank NOT obligated to inform you of?

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Description : What is the name of the leading lending financial institution in the expansion of agriculture in India ?

Last Answer : NBARD Bank is one of the leading lenders in the field of agriculture in India.

Regulation Z of the federal Truth in lending act applies to

Description : Regulation Z of the federal Truth in lending act applies to

Last Answer : Need Answer

What does indirect lending means?

Description : What does indirect lending means?

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The primary functions of Commercial Banks include-Accepting deposits and Lending funds.

Description : The primary functions of Commercial Banks include-Accepting deposits and Lending funds.

Last Answer : Justify the following statement: The primary functions of Commercial Banks include-Accepting deposits and Lending funds.

What is the purpose of NCUA lending regulations?

Description : What is the purpose of NCUA lending regulations?

Last Answer : Need answer

Why do lenders ask for collateral while lending?

Description : Why do lenders ask for collateral while lending?

Last Answer : Feel Free to Answer

What are the advantages of a computerized library lending system?

Description : What are the advantages of a computerized library lending system?

Last Answer : Modern day public libraries in Britain are linked on a nation wide computer network. A library in Cardiff, Wales can discover that a rare special book a customer wants is available in Sheffield, ... isolated to that one library, any changes to the computer is instantly updated on the whole system.

What is the lending of money at interest rates higher than the legal limits called?

Description : What is the lending of money at interest rates higher than the legal limits called?

Last Answer : What is the answer ?

Which term refers to the percentage rate the lending institution charge for the use of its money?

Description : Which term refers to the percentage rate the lending institution charge for the use of its money?

Last Answer : interest rate

Employee Lending Agreement?

Description : Employee Lending Agreement?

Last Answer : Employee Lending Agreement(Download)___________________, referred to as PRIMARY EMPLOYER, and ___________________, referred to as TEMPORARY EMPLOYER, agree:PRIMARY EMPLOYER employs ______________ as ... or other regulation requires TEMPORARY EMPLOYER to provide worker's compensation the EMPLOY

Do any banks in the Chicago area specialize in small business lending?

Description : Do any banks in the Chicago area specialize in small business lending?

Last Answer : Since the recession most banks have stopped issuing small business loans unless you have a vast portfolio and have a guarantee at the bank. A better option is to apply for a Small Business Loan. Even ... Small business loans of $25,000 or less. It should be noted they're a non-profit orginization.

FHA Lending institution in Portage, IN?

Description : FHA Lending institution in Portage, IN?

Last Answer : Private Lending Group is approved for that. 150 N Michigan Ave # 2740, Chicago, IL�?? - (312) 938-0492�??

Is First Ohio Banc & Lending insured by FDIC and a safe banc for mortgage loans?

Description : Is First Ohio Banc & Lending insured by FDIC and a safe banc for mortgage loans?

Last Answer : Firs they are just a mortgage company, not so much a typical bank. They do not have any deposit accounts therefor do not need to be FDIC insured since you have no money to lose. As for if its ... follow all the safe lending laws, but if you are really worried i would go with a more reputable bank.

What are the bank qualifications for small business lending?

Description : What are the bank qualifications for small business lending?

Last Answer : Before going to speak to someone about business lending, it is a good idea to have a written out copy of your business plan, along with the business's most recent financial statements, a repayment plan, and what you can offer as collateral.

Best available secured peer to peer lending, worthwhile.?

Description : Best available secured peer to peer lending, worthwhile.?

Last Answer : Peer to peer lending was originally designed to create personal connections, however, it can be quite problematic. Specifically, with peer to peer lending the chances of money loss is high and the amount ... worth it. Some companies you can find price quotes and reviews on include the Lending Club.

Which among (he following is not the outcome of decrease in prime lending rate? (1) to raise the bank loan (2) decline in saving rate (3) decline in productivity (4) increased demand of consumer products

Description : Which among (he following is not the outcome of decrease in prime lending rate? (1) to raise the bank loan (2) decline in saving rate (3) decline in productivity (4) increased demand of consumer products

Last Answer : (3) decline in productivity Explanation: Prime rate or prime lending rate is a term applied in many countries to a reference interest rate used by banks. The term originally indicated the rate ... falls to meet the new lower demand. Less output requires fewer worker, driving unemployment higher.

A high Statutory Liquidity Ratio (SLR) (1) restricts lending (2) increases supply of cash (3) provides funds to the state (4) increases the strength of the banks

Description : A high Statutory Liquidity Ratio (SLR) (1) restricts lending (2) increases supply of cash (3) provides funds to the state (4) increases the strength of the banks

Last Answer : (1) restricts lending Explanation: Statutory Liquidity Ratio refers to the amount that the commercial banks require to maintain in the form gold or government approved securities before providing credit to ... , suck liquidity in the market, to tighten the measure to safeguard the customers' money.