Saturday 14 March 2009

Peer Lending in Australia

Peer lending has taken off a few years ago, learning from micro loans industry in poorer countries. Now almost anyone can become a lender through peer lending programmes. Some sites offering the peer lending service are listed below.
I have not (yet) tried any of these services but will adjust this post if I do.

There seems to be an issue with peer lending in Australia since none of the above web sites are actually operational. They are all in beta testing or initial phases of operation.

1 comment:

Anonymous said...

SocietyOne has just launched in Australia - None of the companies mentioned in your blog were ever ASIC compliant. SocietyOne is. www.societyone.com.au