The Complete Idiot’s Guide to Person-to-Person Lending
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Book Snippet : Forget credit card companies, make it personal!The Complete Idiot’s Guidereg; to Person-to-Person Lending fills readers in on what they need to know, such as how person-to-person lending works, who lends and who borrows, and the advantages and disadvantages of Virgin- Money, Prosper, Zopa, and Facebook’s Lending Club. – M.Loans on Prosper and LendingClub rose to $100 million in 2007; by 2010, the online banking report forecasts $1 billion in person-to-person loan originations. – Javelin Strategy Research (Dec. 2007) predicts that the demand for person-to-person lending services may grow from $38 billion to $159 billion over the next five years.