People To People Loans Are Better!

If you need money to pay off your credit card debt simply request it, and other people bid for the privilege of lending it to you at an interest rate you determine. Everything is safe, fair and easy. Here's how it works:

Step 1:

A consumer needs a loan to pay off her credit cards and unsecured debt. She posts a listing for a loan with the amount she is looking for and the rate she is seeking.

Step 2:

Lenders bid on the loan with the amount they are willing to loan at the interest rate they feel is fair.

Step 3:

When the listing ends, the bids with lowest rates are combined into a single loan for the lender and the lender's creditors are paid in full.

Step 4:

The lender now has a monthly payment until the loan is repaid.