If you need to borrow money, you picked a great time. New “alternative” –meaning nonbank — lenders are popping up every day. Within the past week, Kabbage, a small business lender, and SoFi, which helps refinance student loans, received large votes of votes of confidence from investors. More recently, person-to-personRead More
Post Tagged with: "Puddle"
Puddle Puddle allows users to pool funds in order to start a line of credit with friends — the first “credit creation app,” it says. Members of the pool collaborate to set the interest rate at which members can borrow. There are no fees and no application process. The keyRead More
Two new startups promise to ease the pain of borrowing money by making the lenders into your friends rather than banks. One is called Lendstar, based in Germany, and the other is Puddle. Lendstar launched last March, and unveiled more marketing last week. Puddle launched in April 2012, but the companyRead More