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Cover image for book The Complete Idiot's Guide to Person-to-Person Lending

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

By:Beverly Harzog; Curtis E. Arnold
Publisher:Dorling Kindersley US
Print ISBN:9781592578825
eText ISBN:9781101022429
Edition:0
Copyright:2009
Format:Reflowable

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Forget credit card companies—make it personal! The Complete Idiot's Guide® 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. • 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.

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