The Complete Idiot's Guide to Person-to-Person Lending

The Complete Idiot's Guide to Person-to-Person Lending

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Forget credit card companies, make it personal! The Complete Idiot's GuideAr 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 a 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.So whata#39;s the most common reason given for a P2P personal loan? The desire to get out of credit card debt. With interest rates so high, ita#39;s not surprising that P2P lending is filling this need. Javelin Strategy aamp; Research, a quantitative researchanbsp;...

Title:The Complete Idiot's Guide to Person-to-Person Lending
Author:Beverly Harzog, Curtis Arnold
Publisher:Penguin - 2009-04-07


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