Blog Paradise

* Blog Contests & Tips *

Review: Forge a New (Human) Way of Lending with Zopa

Written by Erz on Tuesday, October 16, 2007

Who doesn’t want a cheap loan? Social lending is a new phenomenon which is creating quite a storm in the world. Borrowing and lending among friends has been going on for ages. The only difference is that this time, the money is moving among people who may not know one another and also that interest is involved. To the lender, it is another way of saving. To the borrower, it is a reasonable loan. What’s more, the interest a borrower pays is less than what a bank would charge one for a loan (as the middleman’s fee is saved).

Zopa is the pioneer in this field. While Zopa takes a small commission, this is less than what a bank would normally charge. What I feel is the greatest catalyst for this phenomenon is not just the benefits reaped through cheaper loans for borrowers and higher interest rates for lenders. It is the human element involved. I do know some people who are indignant at the widening gap between the rich and the poor. They are frustrated that huge corporations make so much every day while the poor have to battle just to get through the day alive.

Hence, knowing that they are benefitting some individual like themselves rather than a billionaire who is ferried in a limousine acts as a driving force to go the Zopa way or what some may call – the human way!

OneBuckWiki Giveaway!

Written by Erz on Tuesday, October 16, 2007

OneBuckWiki is having a contest to give away 10 free $1 pages to any blogger who writes about it. It’s that simple! The giveaway is limited to the first five commentors on their contest post while supplies last until 1000 pages are sold.

The One Buck Wiki is a community intent on promoting their businesses through the collective traffic generated by page-owners as well as through viral marketing efforts. This is a fantastic idea which hails from the original Five Dollar Wiki creators and enables you to put almost anything you want on the page you buy which is related to the word-page you’ve bought.

The page you buy belongs to you and will have only your content. You can use it to promote your online store, blog or any other website. Plus, you can also resell it later for a profit. After 100 pages are sold, there will be an increase in the price of each page meaning you can sell the pages for more in the future. It’s a great investment for a very low initial outlay and you can keep the pages for the lifetime of the site! They also provide great customer support to ensure that your pages are working well and look good. It's a win-win situation!

So what are you waiting for? Go blog about it and pick up your free pages while stocks last.


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