- Personal Finance
AMAZING SITE WHERE YOU BORROW MONEY OFF PEOPLE NOT BANKS !!!
NEW GENERATION OF BORROWING
i found a company not so long back where if you was stuck for money and didn't have a good credit history or banks wont lend you the money.
when i first looked into this company i found it to be a little unbelievable but i applied for a loan of £5000 over 5 years and the monthly payments would be £110 which made me think is it a scam because the bank where i had applied wanted payments of £140-£160 per month. so i applied and within 4 days or so i had an email asking me to contact them so i did and thay just asked me to confirm a few things and security questions and then said i can confirm you have been accepted and the money will be in the bank 3-5 working days(i got it 2days later).
This was made possible by this company using real normal people investing a little of their money anything from £10-£2000 per person. i had 52 people lend me different amounts of money which i could see in a table and how much each thay borrowed you. all you have to do is pay the monthy payment and the company does the rest.
however the company does put a charge for this service but it is put on the loan and is included in monthly quote you receive when applying.
you could also become an invest if you have a spare bit of cash and can start from as little as £20 and you set your own interest rates.
so in short i found this company to offer the best interest for the little information they require. there is no credit check no paper work its all based on the information you give. thay helped me out of a hole and the banks wouldn't i am now a lender to help other people that were like me with the little money i can spare.
so if you cant get loan from the bank give it a try im glad i did.