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A relatively new concept is gaining momentum on the internet… Peer-to-peer banking. I’m sure you’ve heard of peer-to-peer file and music sharing. Now Internet users are coming together to lend money to one another, without using the traditional banking system. Instead of using the Internet to exchange entertainment, some enterprising computer users are exchanging money.

A company called Prosper.com may very well become the same type of threat to traditional banks that Napster was to the music industry, before it was re-launched in association with the recording artists. On Prosper, lenders and borrowers come together in an atmosphere free of the pressure and regulations that make obtaining a traditional loan so intimidating. Simply put, Prosper.com helps people looking to lend money (invest) connect with people looking to borrow money.

I’ve got a friend who has a Prosper loan listing (listing ID is 310933). All bloggers who post about his Prosper loan listing will get a mention in a post, a dedicated post about your blog or even a site wide link in his blogroll. All are well worth a couple minutes posting something on your blog. If you are already a member of Prosper, you can use your referral link!

Below is his listing for a loan on Prosper.com:


$25 Bonus For New Lenders

Bid on my listing at Prosper, people-to-people lendingIf you sign up for a new account with Prosper as a lender, you can get a $25 bonus when you lend money for the first time. If you’re a lender, you can lend some money to his listing!

If you are looking to borrow some money at a lower rate than you can at most banks, try Prosper.com


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