Refinance credit card debt with peer to peer lending?

Discussion in 'Credit Talk' started by Logan Abbott, Jul 26, 2013.

  1. Logan Abbott

    Logan Abbott Well-Known Member

    Friendly members of the forum - I'm writing a blog on peer to peer lending as a means of refinancing credit card debt and was curious if anyone here had experience w/ that. If so, I would love to hear from you, be it in as a PM or right here on the forum (hey, we're all friends right?). Things I'd love to ask:

    -What was the process like?
    -Did you get a good rate?
    -How skeptical were you of going around traditional banks for the money?
    -Did you use Prosper, Lending Club or some other resource?

    Thanks in advance, hope this sparks up a nice conversation.
  2. gothamist

    gothamist Member

    I've actually never considered this and only recently just heard about peer-2-peer lending.

    Can you comment on the pros and cons?

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