Loans on line, a rapid way of obtaining money
 The loan online is one of the big innovations to which Internet has us accustomed; in this case we must say that the loans on line are done across new types of intermediaries, as he has been able to happen in the financial sectors of the United States, where several entities lenders realize a connection between several persons who are in the search of a loan, with others that are ready to grant it as investment since this method is capable of giving good results much more than other financial products. The community is called Lending Club and it is a question of a group of the people who was content inside this type of organizations of loans online.
On the other hand, if we sail along the network with the target to find a lender, we will meet other one of the biggest communities that exist in the network that they devote themselves to the loan request on line, baptized Facebook. In this case we must say that this community has the characteristic of standing out for being an open center of meeting that allows to the companies and to the programmers to offer freely all his applications, like also his offers to the million individuals who use them in an active way. In case of Lending Club, this community did a good profit of the door that Facebook opened to be able to realize the essay of a system of loans online that it goes from person to person and up to today, it has already moved approximately 700.000 euros between more of his 15.000 users, since I begin to work at the end of December, 2007. We must bear in mind that Lending one could use alone club in the United States, until January, 2008, where the place opened his doors to all the clients in general. This loans Web page on line, it possesses the license of the national bank of the United States, therefore it is possible to gain access to the financial and credit record of the persons who ask for the loan and of the persons ready to grant them. This is a measurement of minimization of fraud. As if files reexchange was talking each other of a P2P, the target of this system for loan online is to offer plans and attractive products for both parts (lender and prestario). The fishhook to attract the lenders consists of granting much higher interests than common lenders offer the entities, so that of the granted loan it is considered to be an investment product.
 While for the persons who are in the search of the request to acquire a loan on line, there is offered them a possibility that is completely to the margin of the traditional banking institutions and with interests that could become equal or a bit more limited. In addition to possessing the loan online from person to person, this Web community has a considerable social component since all the lenders have the possibility of knowing which it will be the destination of the money that they are granting.
This way, for example, it is possible to support a student so that the same one could finish his university studies or perhaps, face to some unforeseen emergency expense or simply also they can know if the loan online is destined to the formation of a PyME. The intermediation of Lending club is feeding on all the advances that Internet has attended as for the creation of these communities of loan on line and of the agility that the computer programs possess to be able to invigorate the authorization of these loans online that in general usually have a duration of at least three years, although well they can be amortized prematurely six months without suffering from the payment of any subsequent cost. A concise example on this is that the persons who want to give his first money meet the requests of the different loans on line of those other persons who belong to their own groups inside Facebook, or to the financial companies at which they have been employed.
How does the loan work on line?
In case of Lending Club, the users not of identifican with his real name but they use a nickname and can provide the additional information that they wish by means of armed with a profile. If there is a person who is in the search of a loan on line (in these Web communities loans can be requested from the 2.000 up to 25.000 dollars) the same one it must expire with the basic financial requisites. The community proposes, once he has verified the solvency of the soliciting person of the loan online, an interest rate for the above mentioned credit that in general the same one is usually fixed. Then, Lending Club presents these loans divisions to the persons lenders according to the level of risk that every person has indicated in his profile. These users of the community can pay attention to the automatic advice offered to the system of the page that tries to interlace the interests of both sides to diversify his contribution between the different requests, discarding some of the proposed ones and incorporating to other. In general, the community remains with 1 % of the payments carried out on the loan. |
