Ledge Helps You Loan Money to Friends and Actually Collect Interest

(Android/iOS): Youve heard the rule: never lend money to friends or family.

Ledge helps you do just that.

Its an app that workssort oflike Lending Club, or any otherpeer-to-peer lending service, for that matter.

Users crowdsource loans from regular people, not a bank or any other financial institution.

Theres a cap on the lending amount: $5,000.

Borrowers can repay lenders via Venmo.

Borrowers share their campaign with people directly, so they can crowdsource the loan from people they actually know.

What I like about this app is that its a medium for making sure those terms are implemented.

Ledge uses SSL encryption to protect this data, but you could read theirfull privacy and security policy here.

Check the app out for yourself at the links below.

Ledge(Free) | Apple StoreLedge(Free) | Google Play Store