YES-secure is an innovative social networking lending and borrowing marketplace which provides an online platform for borrowing and lending money. Here creditworthy people get to borrow and lend money from each other by cutting out the banks.
YES-Secure functions on the ebay model where lenders place bids on loan listings through the online auction platform provided. What is perhaps YES-secure’s greatest appeal to the community is that it considers and encourages loan requests from all credit grades.
YES-secure incorporates social networking in its business model by encouraging communication between its members as well as between the members and their social network outside YES-secure. Members are encourage to invite their social connections to YES-secure to bid on their loans at the rates that they choose. If you are an investor looking for returns which are higher than the traditional investment products offered by banks, then lending at YES-secure might be the right thing for you.