Lenders and borrowers alike are keen on the way in which r/borrow takes lending away from a cool, institutional paradigm.
On r/borrow, loans are increasingly being awarded to your tune of $20,000 each week, relating to data that are user-collected and an element of the platform’s success is based on its anti-establishment appeal. O’Dell compared it with other subreddits that are personal-giving such as for example r/secretsanta and also the “Random Acts Of” forums, where users present strangers with pizza, publications, crafts, and also intercourse. (more…)