-- is a unique source of funding -- a peer to peer loan service which works a little bit like eBay. Borrowers and lenders list and bid on loans in an auction style system. The site has been operating for four months and has set up more than 150 loans for almost a million dollars so far. There is also a public element to the site where your late payments are available for lenders and others to see on a kind of outcasts page. They call the site Utopia because their aim is to help everyone get what they need without discrimination. If you are a borrower or a lender, UtopiaLoans is worth checking out.
Thursday, October 19, 2006
Peer to peer lending at Utopialoans.com
Utopialoans -- www.utopialoans.com -- is a unique source of funding -- a peer to peer loan service which works a little bit like eBay. Borrowers and lenders list and bid on loans in an auction style system. The site has been operating for four months and has set up more than 150 loans for almost a million dollars so far. There is also a public element to the site where your late payments are available for lenders and others to see on a kind of outcasts page. They call the site Utopia because their aim is to help everyone get what they need without discrimination. If you are a borrower or a lender, UtopiaLoans is worth checking out.
-- is a unique source of funding -- a peer to peer loan service which works a little bit like eBay. Borrowers and lenders list and bid on loans in an auction style system. The site has been operating for four months and has set up more than 150 loans for almost a million dollars so far. There is also a public element to the site where your late payments are available for lenders and others to see on a kind of outcasts page. They call the site Utopia because their aim is to help everyone get what they need without discrimination. If you are a borrower or a lender, UtopiaLoans is worth checking out.
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