Popularity |
|
Discussion |
|
Similar projects |
|
Cofounders |
|
a startup idea shared by
Guita Gopalan on
08/21/2013
A lot of people lend money to one another, sometimes using some sort of collateral - jewelry, car, property... but they don't draft papers, agreements or legal documents covering the loan. Later on there are problems when the borrower defaults. 1. Create a site which is simple to use - input loan amount, term, interest rate, payment plan, collateral and voila an agreement comes out. 2. The agreement can then be used as is by the borrower/lender. And the company can serve as custodian for the agreement. 3. All this massive data re informal loans can be shared w/ banks and other lenders so that they can better tailor their products to suit the market
Similar projectsAdd a link to a similar project, latest article or a cool video related to this idea.
Cofounders
Get in touch with people passionate about realizing this idea. Show others how you can contribute (eg. webdesign, funding, media coverage, launch in your country).
|
|
JB ATLAS | Software Developer/web-desktop Grand Rapids, MI USA |
DiscussionsWhat should be still thought out? Add a topic to start a discussion.
comments powered by Disqus
Your idea is waiting for a review!
Your idea was not sent!
