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  1. #1
    SoonerFans.com Elite Member boomersooner28's Avatar
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    Screw Banks? The new way to lend/borrow?

    www.prosper.com


    anyone try it yet?

  2. #2
    Sooner All-World olevetonahill's Avatar
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    Re: Screw Banks? The new way to lend/borrow?

    I would hope everyone here is smart enough to stay away from those Interest Rates .
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  3. #3
    Stayatworkdad yermom's Avatar
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    Re: Screw Banks? The new way to lend/borrow?

    i like the idea, but i'm not sure i'm brave enough to lend money that way...

  4. #4
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    Re: Screw Banks? The new way to lend/borrow?

    Yeah, um, this idea has been around for a couple centuries.

    It's called a "Credit Union."

    Except we don't **** people on their interest rate like that.
    "The choices we discern as having been made in the Constitutional Convention impose burdens on governmental proceses that often seem clumsy, inefficient, even unworkable, but those hard choices were consciously made by men who had lived under a form of government that permitted arbitrary governmental acts to go unchecked." INS v. Chadha, 462 U.S. 919 (1983) (Burger, C.J.)

  5. #5
    SoonerFans.com Elite Member OUHOMER's Avatar
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    Re: Screw Banks? The new way to lend/borrow?

    looks good if your a lender
    Posse Member hoping for middle manager, Yep , I dont know ****

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  6. #6
    Sooner All-Big XII-2-1+1-1+1 jeremy885's Avatar
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    Re: Screw Banks? The new way to lend/borrow?

    Quote Originally Posted by OUHOMER
    looks good if your a scamer
    fixed.
    Quote Originally Posted by Beetdigger
    Given that 90% + of the comments on this board are not serious, I think that the true error is to assume that someone IS serious when they make a comment. Rather, assuming they were NOT serious should be the bias. The fabric of the board is really not too complex

  7. #7
    Stayatworkdad yermom's Avatar
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    Re: Screw Banks? The new way to lend/borrow?

    Quote Originally Posted by Mike Rich
    Yeah, um, this idea has been around for a couple centuries.

    It's called a "Credit Union."

    Except we don't **** people on their interest rate like that.
    except the Credit Union takes all the risk and has more overhead

    i'm wondering who comes and breaks my legs when i don't pay...

  8. #8
    SoonerFans.com Elite Member JohnnyMack's Avatar
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    Re: Screw Banks? The new way to lend/borrow?

    This thread would have been better if it had been about Tyra.

  9. #9
    Soon to be Memphibian

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    Re: Screw Banks? The new way to lend/borrow?

    Quote Originally Posted by yermom
    except the Credit Union takes all the risk and has more overhead

    i'm wondering who comes and breaks my legs when i don't pay...
    See, that's the thing: the Credit Union is owned by the depositors, so it's the depositors that are actually taking the risk. It's just distributed.

    And yeah, we have more overhead, but somehow we manage to make loans at less than 21%.
    "The choices we discern as having been made in the Constitutional Convention impose burdens on governmental proceses that often seem clumsy, inefficient, even unworkable, but those hard choices were consciously made by men who had lived under a form of government that permitted arbitrary governmental acts to go unchecked." INS v. Chadha, 462 U.S. 919 (1983) (Burger, C.J.)

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