GreenNote Officially Launches Today, Helping Students Pay for College

Last month, I interviewed Akash Agarwal about his new company, GreenNote. GreenNote is a microfinance Web site that you can visit to get help paying for college. Today it officially launches (although it has found some success in testing). Here is some information from a press release GreenNote sent me:
Students with active loan drives through GreenNote choose whether they wish to participate with the GreenNote Network of lenders. Unlike private bank loans or other traditional loans, GreenNote does not require students to have a credit report, co-signer or show proof of citizenship. The rate is fixed at 6.8 percent compared …read more