Sunday, September 14, 2014

Low Cost Borrowing From the Crowd

Over recent years there has been a number of ways to get money from crowd sourcing and micro-investors.

The aim of crowd sourcing is to  gather together people who are willing to lend small amounts of cash to borrowers.

Borrowers can borrow for various reasons; setting up a small business, consolidating credit card debt or borrowingg at low interest rates to fund a car purchase or make home improvements.

I recently found a new source of income from lending with a company called Lending Club a San Francisco based organization which brings together lenders and borrowers to fund loans by issuing notes of a minimum of $25.

To read more go to my Investore Blog and read the article  Lending to Invest

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