Three years ago, I gave $200 of mine to help others establish a business. It wasn't much, but the $50 each that I provided to these folks, along with dozens of others who also pitched in their money, allowed them to stretch their wings a bit.
One was for "Expanding Tutoring Company."
One was for "Money for a new start up business with my partner."
One was "Following my Passion -- Helping others Succeed."
And the last was for "Property Acquisition."
As you can see in the screenshot above, all four are paid in full.
The government decided to protect us consumers from ourselves and prevent us from investing like this, and they shut it down everywhere except California.
What right does the government have to interfere in business? This was no scam. And while some people invested in loans that didn't pay off, banks do that every day - and when those loans don't pay off, we taxpayers are on the hook to bail them out.
The government is an unfair bully.