You know that old saying, “Neither a lender, nor a borrower be?” Good in theory, but at some point in your life, you’ve probably needed to borrow money, or you’ve been asked to loan money to a friend. And if you only need a small amount, it’s easier to ask someone you know, instead of getting a payday advance, or going to a bank for a loan. However, lending money to friends can be tricky – if your friend doesn’t repay you, that relationship will surely sour. FYGO is a website that hopes to act as the middleman in financial transactions between friends, enabling that everyone pays, or is paid, and everyone remains friendly through the deal. When you Go to FYGO you’ll see that they allow you to use their secure website to lend or borrow money, and you can establish an interest rate, length of loan period, and even payback terms. Much nicer than a hand written I.O.U.!

Popularity: 1% [?]