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boxsterfan |
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914's are kewl ![]() ![]() ![]() Group: Members Posts: 1,776 Joined: 6-June 03 From: San Ramon, CA Member No.: 791 Region Association: Northern California ![]() |
I work for a startup company in San Francisco and I am looking for a few people to join my group on the site (914 Restorer's Group).
Here is info on the company (more on the site of course): CircleOne is an online consumer loan marketplace that lets you borrow money by setting your own interest rate. People who have money to lend bid on your loan request in an online, auction-style format, and CircleOne handles all the tasks needed for payment and collection of the loan. http://www.circleone.com Currently, we have a password on the site. If you are interested, please let me know by sending me an email. I can send you instructions (username and password), but will ask that you keep that info to yourself and not share it with anyone else (we are a startup you know).... |
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grantsfo |
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#2
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Arrrrhhhh! ![]() ![]() ![]() ![]() Group: Members Posts: 4,327 Joined: 16-March 03 Member No.: 433 Region Association: None ![]() |
Cool! So what kind of standards do you have to assure money isnt being loaned to terrorists? Do you do a banned parties screen, etc?
I'm also interested in what kind of recourse a lender has if a borrower defaults. Do you facilitate asset recovery etc? Or do the parties just go to court and slug it out with each other? And if one person in the group defualts what do you do? Sounds like a great idea, but potentially very messy. Hope you guys have some very good legal council. I have been with some startups that are scary. This one tops anything I have seen. Maybe you could start another company where laywers and clients bid for each other as well. (IMG:http://www.914world.com/bbs2/html/emoticons/biggrin.gif) |
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Lo-Fi Version | Time is now: 18th June 2024 - 01:51 PM |
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