Online Business Info

Have you heard of people to people lending? There's an online people to people lending marketplace called Prosper that eliminates middlemen. The membership is free and is open for US resident. Before you borrow or lend money, you have to submit necessary document as proof of identity. After you have pass the identity and fraud check, then you are able to start borrowing or lending money to other members. This is a good way to make higher return when you lend your money to the members because the interest rates are generally higher for those borrower that do not have good credit.