Lending Club
Want to invest in stocks? How about becoming a lending banker? I haven’t signed up yet, but here you can sign up as a lender or a borrower. In essence, you can borrow money at less than what a bank charges from other people in the club. If you have some money, you can loan it to other users and it looks like collect a percentage of the interest.
Somehow it’s connected to Facebook, who, as I have already said is going to kick everyone’s ass at the social network business.
I haven’t investigated enough to see what happens when someone doesn’t pay, but they do have a credit check process which makes sure borrowers have a higher credit rating than 640.