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Originally Posted by yatzr
How many people are gonna lend enough money to buy a car or a house?? I see it being nothing more than like the small cash advance places. It would be cool if it got big though.
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Maybe they'll pool together smaller loans that offer simmilar terms to create one big loan?
I think this is incredible, if done properly. I'd be interested to learn what safeguards they have for the lenders. Also how much information you get to learn about the potential borrower (more then just credit score?) before you decide to lend.