www.Duck9.com |
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How Duck9 works
The big idea: peer-to-peer money
200 years ago, people with extra money would give it to a bank. Banks then lend it to your neighbor(s). Banks did this over and over and used to make lots of money. Banks would share very little with the original depositor. Little has changed until Duck9.
Duck9 lets people “deposit” their extra money directly to young adults or other people short on money.
Duck9 is something new, yet old. People share files, share their extra wares (selling what's in your basement on eBay) so why not directly share money?! Duck9ing your debt is done in a trusting, secure and well thought-out way.
Duck9 is for people who are looking for a better rate of return. Duck9's interest rates aren't squeezed by middlemen (the banks) because there are no middlemen - that's the Duck9 idea.
To minimize fraud, system risk and those seeking to “game the system”, peer-to-peer loans are divided 200+ ways. No direct lending occurs. No two people combine for repeat transactions. You deposit money is available at any time.
More about lending | More about borrowing
So how does Duck9 work? >>
The big idea: peer-to-peer money
Who's behind this rather wonderful idea? >>
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