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Globefunder turns away from p2p lending model

 
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Wiseclerk
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Joined: 22 Nov 2007
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PostPosted: Fri May 09, 2008 7:06 am    Post subject: Globefunder turns away from p2p lending model Reply with quote

Globefunder announced different plans:
http://www.globefunder.com/blog/the-quiet-period-is-over

Well, we had some time for introspection over the past few months, and we realized that while P2P is a great way to connect and meet people, there's a better way to borrow. So we've created something called Direct-to-ConsumerTM lending, which "plays nice" like P2P, yet remains a professional business transaction where it matters most - your wallet
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Wiseclerk
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Joined: 22 Nov 2007
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PostPosted: Sat Jun 21, 2008 1:32 pm    Post subject: Reply with quote

Now - a month later - it looks like dtc lending will be opened to individual lenders (not just institutional lenders):
http://www.wiseclerk.com/group-news/countries/us-globefunder-with-new-homepage/
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