Monty Loree: Is that site just for cell phones or is it prototypes of bills?
Barbara Klare: No. It's cell phones, credit cards, savings and CD rates and your local gasoline stations and where you can get the best price.
Monty Loree: So if somebody goes on there, like yourself, you're spending $200.00 a month or whatever and they spend 15 to 20 minutes or half an hour. Is that going to save them some money?
Barbara Klare: Yes, I think you could probably do it in 20 minutes. It would help if you had your cell bill right there or you could look at it online. But even if you can approximate your usage and approximate some things – they actually can pull the information in for you if you really can't find it. It's a secure site, so I'm not concerned about giving out that information.
Monty Loree: Okay, and what does Lending Club do?
Barbara Klare: So the Lending Club, they're a P2P site, kind of like – I guess you can call them sort of number two in the space, Prosper sort of being the number one still. Definitely still being number one, I should say. I've been working with the Lending Club people and meeting them and talking to them for quite a while now and I've always been very impressed with their integrity and their very high level of customer service. They were just regulated by the SCC at the start, so they didn't have to go through with the issues that Prosper had to go through and now Loanio is going through. And I'm just talking about this from the investor's point of view. I don't know about it from a borrower's point of view. I've only looked at it from whether it's a good, solid investment and I think it is. Definitely part of a diversified portfolio strategy, that I think it offers a very wonderful return for a reasonable risk, I should say. I knew there'd be some ethical people over there too as well.
Monty Loree: Right, of course. Of course being a Canadian site, I'll have to check and see if those sites are available for Canadians.
Barbara Klare: You know, I'm not sure. I kind of think it isn't. In fact, you can't even be a lender in the Lending Club in all US states yet. That's SCC-regulated at this point. I could look into, whether there's, what kind of Canadian P2P possibilities there are.
