Task 2

A complex problem I find is being able to borrow money from the bank as interest is involved and usually involves debt. Instead I would like to somehow develop a software (or have one developed) where people can lend you money of a few 1000 dollars and within whatever is done by an online contract with them you pay them back by this time, so rather than needing to pay interest and borrow 100,000s of dollars from the bank as a loan, you can borrow maybe $1000-$5000 from 100 people instead (or the number of your choice) and pay them back within a year or two (or pay half by half of the term), whatever is agreed upon. I understand some people want to get paid so depending on % of the amount the person wants to get paid as the loan is given this can also be implemented.

+ There are no comments

Add yours