People Borrowing Loans From People

Borrowers can join our online community absolutely free. People looking to borrow simply choose how much they are willing to borrow and determine their maximum interest rate. Lenders then bid on the loans in a similar fashion to eBay. After the loan is fully funded the loan amount is deposited directly into the borrowers bank account and fixed monthly amounts are automatically withdrawn from your account.

Personal People Loans

Looking for a personal loan? People to people lending offers the advantage of not having to work with banks. Ultimately, this means lower rates and less hassle for small personal loans. Lending through a people loan network is also easier than working with a typical financial institution. You simply sign up for an account, create a listing and monitor the loans progress. You have complete control over everything including loan amount and interest rate. Furthermore, because lenders are always "competing" for your loan, your eventual interest rate may very well be even lower than your desired rate.

Business People Loans

Looking for a business loan? Whether you're a small business, new business or established business looking to expand, People to People lending offers significant advantages over conventional business loans. Business loans are often hard to get and come with high interest rates. However with people to people loans you control your financial future by determining your own rate and loan amount.