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Prosperity of Person-2-Person Lending in Jeopardy

November 3rd, 2008 · 5 Comments

With the credit and banking situation in the United States facing uncertainty and turmoil, the “person-2-person” (P2P) social lending sites that have sprouted up in the last several years initially seemed like they had found a successful market niche. A recent article in the New York Times, however, indicates that the social lending industry appears […]

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Tags: Banking · Consumer Debt