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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Let's talk about peer-to-peer lending!!
 
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Harry
Jun 13, 2003

I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Keisari posted:

I'm interested in what exactly happens if someone flat out refuses to pay their loan. Are you just poo poo out of luck or what? I mean do the same legal aspects apply to this as to regular bank loans?

I think Lending Club has started to go after the people who skip out on the loans more. I looked into this a while ago, but it's not allowed in Texas (you can participate in some kind of 3rd party after market or something but screw that).

* # ¿ Nov 21, 2012 20:59
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# ¿ Apr 20, 2024 00:57
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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Let's talk about peer-to-peer lending!!