Iou Note

voted one of "colorado's top 18 most innovative companies" in 2008 iou note is true social lending iou note represents a new kind of personal lending movement, in which people borrow from friends and relatives rather than from the traditional lending institutions. with iou note, people can easily track and manage their interpersonal loans with a personal manager, loan documentation, and reminders using interactive web tools. iou note may be used not only for monetary loans, but also for services and items, such as barter exchanges and tools. unlike other social lending sites, iou note is not a credit union, where people make bids on the lowest interest rates and rely on the traditional credit scoring system. iou note manages interpersonal loans between friends and family only, making it the only company solely focused on true social lending.