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Go Back   Community Development Banking Listserv Archive > CDB-L 2011 Archive > CDB-L General Discussion - (Archive 2011)

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Old 01-30-2011, 05:18 PM
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Default General lending alternatives

Original message from: JasonZavala@MitiGate.us

Has anyone had a chance to successfully send multiple modest income
customers to P2P sources Money360, LendingClub, or Prosper in the past 18
months? Curious to see how these models or ones like it, used in the US,
can be employed procedurally as referrals.

I am also looking for new recommendations on payday lending alternative
products (akin to existing NCUA initiatives, FDIC small dollar loan pilot,
but different) that are noteworthy (data reflecting benefit identification
to both the consumer and lender over the past year).

I think I have identified the known ³campaigns². Now I am looking for
³local/non-scale² information that may not have hit the mainstream yet (or
at least my inbox).

Thanks for guidance,

Jason Zavala, President
MitiGate, Inc.
Liberty, TN
802.236.9478
www.mitigate.us
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