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Is peer-to-peer lending helping or hurting consumers?
Author: Bogie Boric
Friday, July 23, 2010 14:28     Reply
San Diego
California

Market for peer-to peer (or personal loans) lenders like Prosper, Lending Club, Virgin Money USA, Zopa, ThinkCash and Loanio, is still small but growing fast. With loans averaging 10% to 16% are they helping or hurting consumers?

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