Social Lending

Adding to Your Social Lending Successes

If you’re interested in the world of social lending…great! There are so many reasons to love social lending. Indeed, you are basically getting money from people that are building a trust with you. That’s better than some faceless, nameless bank that doesn’t really care if you are a borrower or not. People are going to be investing in your dream, and that’s a pretty big deal. You want to always think about how you can add to your social lending successes.

Does that necessarily mean doing more listings? Not at all. You might want to build up your influence on the site so that when the time comes for more financing, you will truly be completely ready for anything and everything. That’s the best way to go, in our humble opinion. If you are going to think about going into social lending, there are a few things that you want to do.

Social Lending

First and foremost, fill out your profile! When we say “fill out your profile”, we don’t mean one liners. Think of it as the one place where you really do get to talk about yourself. What does your life really say about you? What do your dreams really say about you? If you aren’t used to being honest and open with the things that you want, don’t worry. A lot of people are pretty shy. This isn’t the anonymous web. It’s the social web. It’s the personal web. People are going to be taking their hard earned money and putting it towards something that you really believe in. They’re going to be trying to take good care of you — shouldn’t you let them see what their investment is really going to do?

It’s not just about your first listing — it’s about presenting yourself as a person. Let them get to know you. There are plenty of social lending sites out there. Remember that you want to pick a consistent handle so that when people Google it (and they will), you show up as one person. This also helps you stay focused on what really matters. Your proposal is something that you’re passionate about. It represents the start of a new life for you. It represents the things that matter to you. It’s important and essential. Why not make sure that you can focus on something more than what exists right now?

Being a good social lending community member means reaching out to other people. Even if you don’t have any money to spare, it never costs anything to spread good cheer. There’s a lot of people that are really going through some rough times. Earn good karma by looking over their listings, connecting them to people in your circle, and otherwise just being there for them. You might not get immediate attention for these things but trust us — it definitely shows over time who is committed to the true meaning of social lending and who isn’t.

You might be surprised at what happens when you become a lender yourself. There might be people that promote and trust you because you’ve been so helpful in the past. So when you see those highly ranked and trusted and recommended members in the list…this is what they’ve done to get there.