Quid Loans

This Little Known Secret Will Get You Out of The Vicious Quid Loan Cycle

Picture
Many People with bad or no credit use Quid Loans to obtain through a short money flow disaster. These Payday loans often charge 10 to 20% per week. People to People Lending a New Company on the Internet can help you get out of the Payday Loan Merry Go Round.

People to people lending is auction like online loan service. It was created by the founder of E-loan. The Concept is very easy it is people helping people. It enables borrowers and lenders to free themselves from the Mercy of the Bank. Why place your cash in the bank at 5% or less only to have them loan them to credit card users at 20% or more.
People to People lending gives you the ability to lend the cash directly to those who need it at rates of return from 7% to 25% or more based on the Credit standing of the Borrower.

As a Borrower you can request any amount you want from $1,000 to $25,000. You also pick the interest rate you are willing to pay. They do have interest guidelines they suggest that you use based on the loan amount and Credit Rating.

Read more about Quid Loans