Peer-to-peer online lending grows in tight economy
Article at Bankrate, talks about p2p lending, in the context of the US credit problems, and how it can help both borrowers and investors.
Peer-to-peer lending grows in bad economy (Page 1 of 2)
The credit crunch has meant that many deserving consumers, who once qualified for home equity or personal loans, are being shunned by banks or offered loans that cost too much. On the flip side, the effort to fix the credit crunch is sticking savers with miserly interest rates. Put two groups of unhappy people together and they just might do business.
