The Saving Advice Forums - A classic personal finance community.

BorrowMe - Borrow and Lend Community

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • BorrowMe - Borrow and Lend Community

    Borrowing instead of buying is always a good choice, but for many it has been a problem finding people who would willingly let you borrow from them or people you trusted to lend to. What if there was an organization in your area where all the people listed the things that they had to lend out and you could borrow from them without any hesitation? That organization is in the development process at this very moment.

    <script type="text/javascript">google_ad_client = "pub-8949118578199171";google_ad_width = 728;google_ad_height = 90;google_ad_format = "728x90_as";google_ad_channel ="";google_color_border = "EAEAEA";google_color_bg = "EAEAEA";google_color_link = "4271B5";google_color_url = "99CC66";google_color_text = "000000";</script>
    <center><script type="text/javascript"src="http://pagead2.googlesyndication.com/pagead/show_ads.js"></script></center>

    You have probably heard of FreeCycle.org where you can get rid of items you no longer need by giving it away for free or requesting items that you need. There is another interesting site that is currently in it's pre-launch that looks quite promising and is attempting to address some of the major problems people have with FreeCycle. The site is called Borrow Me where you can form groups in your community to borrow and lend items amongst one another.

    What this service will do is give you the opportunity to borrow items from others in your community and develop a circle of trustworthy borrowing and lending counterparts which can significantly reduce your costs each year. There won't be a need to purchase a tool for a one time project (or to put off that project because you don't want to purchase the tool needed so that it doesn't get taken care of and cost more down the road). In addition, many of the items that you have that sit around your garage or stored in your attic or basement can help others save money. It's a win-win situation all the way around.

    The site is currently in the alpha stage of collecting interested members. To be part of the beta (trial) launch you need to <a href="http://alpha.borrowme.com/mailinglist/">sign up at the site</a> by this Thursday (4/20/2006) - after that date they will not allow new members in until August when the officially launch for everyone. This will allow you to be part of the beta testing which includes "special offers" and more importantly, "A chance to shape the future of BorrowMe with your feedback and comments." Best of all, the people that do the beta testing will likely be fairly serious and allow you to make a solid group of partners for borrowing and lending (swapping is also going to be allowed) in your area before the site becomes quite large.

    By becoming a part of the group and getting in a position to borrow items you need instead of purchasing them, you will likely save hundreds of dollars a year over what you would have had to spend by yourself.

  • #2
    Re: BorrowMe - Borrow and Lend Community

    Looks promising. Hopefully, this will work better than freecycle where I haven't been able to get anything!

    Thanks for posting this.

    Comment


    • #3
      Re: BorrowMe - Borrow and Lend Community

      Great to see the blog mention for BorrowMe - thanks. The 'private-beta' site is now active. We're notifying members slowly over the month of May... so if you haven't gotten your email invite yet I wanted to invite you come on down and get going, enter some stuff and give us some feedback! It's not especially elegant yet, but we'll get there.


      (If you have any trouble getting in – just let me know).

      Thanks again for sharing BorrowMe with your readers. I hope we can make it a valuable tool in your life.

      Cheers,
      Sean, President & Captain BorrowMe

      Comment


      • #4
        Re: BorrowMe - Borrow and Lend Community

        In response to the other posted comment, and for those who've become just a bit frustrated with Freecycle - I did a bit of research on what's there, and what users like/dislike. Here it is:

        - Problems with Freecycle?


        - Freecycle item analysis (what's generally posted?):


        -- Sean

        Comment

        Working...
        X