In these tough economic times, we are all looking for a way to survive the higher cost of living, the lower return on our investments, layoffs, cut backs and furloughs. Weather you would like to increase your income or if you need to borrow money, you might find an opportunity at a web site called “Social Lending.net.”
At http://www.sociallending.net/ you will find all the answers to your questions about person to person lending (sometimes called peer to peed lending, or social lending). Because social lending can be risky; Social Lending.net explains the advantages and disadvantages of lending money through a social lending prospect verses a traditional lending institution.
Social lending can be hazardous to the lender if proper due diligence has not been preformed. If you think you would enjoy playing “banker” all the information you need to get you started is at Social Lending.net.
There are many reasons why you may need to borrow money. Maybe you have poor credit, or you are too high of a risk to the traditional lenders. Possible you are student needing money for college, or perhaps you want to borrow money from a relative or a friend but would like to make your loan “official” Social Lending.net offers advice and tips on how to begin the process of peer to peer lending and outlines the advantages of person to person lending.