Person to Person Lending

by Kevin Lynch 27. March 2008

Prosper and Lending Club, 2 person to person lending sites, showed continued growth in the month of February, as they added 100,000+ unique users since January. Both of these companies facilitate loans between individuals through their social networking sites. The concept is to use this network to borrow money from friends/individuals with the companies providing the structure to formalize the process. To learn more, check out the Prosper web site.



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