Consumer Debt Rose From an Average of Less Than 80% of Disposable Income 20 Years Ago to 129% in 2007

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Hyder Syed, President of an online borrower-lender platform, says the credit industry is experiencing the toughest times ever in history with mounting credit demand and stringent lending criteria.

An excellent borrower lender meeting platform helping save time and money for both borrowers and lenders

Hyder Syed, President of an online borrower-lender platform, says the credit industry is experiencing the toughest times ever in history with mounting credit demand and stringent lending criteria.

Following are the figures on Consumer credit from Statistics Canada and Federal Reserve Statistical Release:

Consumer credit, excluding mortgages 2009 for
USA $ 2495 Billion and Canada - $ 299,410 Million
Sources: Federal Reserve Statistical Release & Statistics Canada, CANSIM

Consumers are in a tight spot to find money for their automobile, house, education or personal needs. As the national averages on debt per family increases the lending policies gets adjusted accordingly.

To help consumers and lenders attain a balance has created an online platform where borrowers and lenders connect with each other based on their financial requirements.

This eases the process for a prospective borrower to find money for their needs and helps the lender save on expensive marketing and advertising by finding their prospects online.

This is a unique platform that does not intervene in the facilitation of a loan transaction. Borrowers and lenders use their discretion to deal with each other on their terms.

A lot of users of say that this is a great way of getting to affordable lenders without getting into trap of high interest loans. Members save thousands as a result of this efficient service. can also be used by businesses to secure initial capital or expansion capital. This platform does not restrict or differentiate between a new entrepreneur with an established business seeking capital to grow. Lenders have an array of investment opportunities to choose from and borrowers have willing investors to listen to their story.

Statistics Canada reports business borrowings are growing every year.

At loan listings to consumers and businesses are free of charge. Special listings such as “URGENT” listings have to pay a one time fee of $ 15.99 per listing to highlight and stand out. envisions that the credit industry can be more efficient if the middle man is taken off between the borrower and lender. There is huge amount of savings both for borrowers and lenders. This will result in cheaper capital helping the economy to recover faster. Eventually lowering delinquencies as the loans are direct.

About Loanwin:, is the fastest growing borrower-to-lender platform, created to make consumer lending direct and more financially rewarding for everyone.

The way works is similar to people who have used an online classified listings. Instead of listing and buying items, people list and get in contact with lenders for their loans using online listing platform.

How it works:
People who register as lenders get to choose a prospective borrower who fits their criteria. There is no binding on the lenders to do business with a particular prospective borrower. brings borrowers and lenders together and there after the borrower and lender set their own terms to do business with each other. Lenders can exchange messages with borrowers to qualify on a particular listing. Basic information on a borrower will be available for the lenders to make their preliminary decision to contact the borrower or not. neither recommends nor gives any negative ratings to any borrowers listings or lenders profile.

Borrowers create loan listings for any amount they wish to borrow and set the maximum rate they are willing to pay a lender. Prospective borrowers also provide some basic information about themselves so that Lenders feel comfortable to contact them and do business with them. The listing process is very simple and can be completed within minutes. Once the listing is posted it is available on the net for general public to view and contact the borrower.'s rigid privacy policy reflects its founders history as an advocate of stringent consumer financial privacy protection laws and practices. does not sell or rent members' information to any party without the consent of the members. members are in control of how much personal information, if any, is revealed on the website and with other members.'s takes as much care as possible in protecting its members information.'s marketplace platform is patent pending.

For more information contact:
Hyder Syed


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