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Old 03-24-2005, 09:10 AM  
BRISK
Too lazy to set a custom title
 
Join Date: Feb 2003
Posts: 12,240
Quote:
Originally Posted by K-Man
It begs the question, why?

If someone is asking for a loan through that site, my brain is telling me it's because a bank won't give it to them.

How open is this to scamming? the possibilities seem endless

How are you going to get your money back if they don't pay? how do you even know the person you've lent to is who they say they are?
Maybe they will get a better interest rate through this site than they can get from a bank?

How do banks get their money back when people don't pay?
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I post on GFY so that when people ask me what I do,
I can tell them that I work with the mentally retarded.
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