I just saw an interesting news piece dealing with a new trend called "Peer to Peer Lending." Individuals put up profiles outlining what they need money for and individual investors put up the money with an interest rate based on a credit rating, much the way banks do traditionally.
What do you think about this new trend in personal finance? Should such an approach be used to help foreclosure clients? If so in what way, if not - why
… ContinuePosted on May 12, 2010 at 10:46pm — 2 Comments
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