People Capital provides a peer-to-peer lending
By Vineet at July 16, 2009 | 12:28 am | Print
What Company Is Offering:
People Capital provides a peer-to-peer (p2p) lending platform to match students with college funding sources — be they individual investors, philanthropic/affinity groups or financial institutions
How It Works:
Its peer-to-peer lending platform will provide a full range of customized private student loan products with the flexibility that students need – short-term loans, long-term loans, balloon payment loans and consolidation loans.
These loans are intended to qualify as “private student loans”. They are also dedicated to providing a full range of features that are unique to the student loan arena, such as enrollment verifications, disbursements directly to schools, etc.
Peer-to-peer lending gives both better returns and more favorable interest rates. Individual participants can directly control their own funds, as opposed to the traditional models which pool funds and remove individuals from decision-making.
More at:http://www.people2capital.com/
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Lovely material, Regards.