Wednesday, January 30, 2008

Peer To Peer Lending For Students

What Company Is Offering:
Fynanz has created an innovative marketplace where students can get one of the most competitive rates on private student loans. Students apply for a loan and it is funded by individual lenders – friends, family, alumni and others who believe what we believe – Education is the Best Investment!

Students: Receive the most competitive rate on your private student loans and save thousands in interest paid. You specify the rate, you control the process.
Parents: Help support your child’s education by funding a portion of your child’s loan and getting them the most competitive rates possible.

A private student loan where students receive competitive borrowing rates and lenders receive attractive long term rates on money lent.
Lenders: Receive an attractive interest rate over the long term while simultaneously performing a social good by building and improving the future of many students.

How It Works:

Fynanz is a community where a person can borrow and lend money, avoid traditional banks and receive better returns. Lenders are an important part of the Fynanz community. You not only finance loans and get attractive returns, but also help give students the most competitive interest rates.

Loans made through Fynanz will have the same loan terms as many other private student loans – between 10 to 25 years. For lenders this means you get more interest over the life of the loans and benefit for years to come. When you lend through Fynanz you also perform a social good. Lenders can get a healthy return on the loans made while knowing they are building and improving the future of many students.

Applying for and receiving a Fynanz OpenLoan is a simple and transparent process - fill out an application, set up a personal page and you're on your way. Best of all, you are in control of the process and aware of what's happening at every step.

More at:http://intro.fynanz.com/

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