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Happy October 24th, 2013 6:29pm

I just talked with a startup company that is using crowd-funding by alumni to refinance student loans. As a business model do you think that this is a...

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Happy Hong Kong
10/24/13 12:15 pm

Bringing individuals together to voluntarily fund a project. Similar to KickStarter.

Fixing a problem via private investment rather than relying on the government to take someone else's money to try to accomplish the same goals.

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bringstheeagle Colorado
10/24/13 12:21 pm

Okay then I then I think it has potential if it offers competitive rates. But I'd want regulation. I don't trust the market not to cheat and fix prices generally. I'd still want the government involved with this as something in a portfolio of options

Happy Hong Kong
10/24/13 12:39 pm

If you're interested in the company their website is: www.sofi.com