Boston Globe Covers Prosper, Zopa, Circle Lending, and Lending Club…
It’s getting easier to borrow money via the Internet, and not just from banks. A host of financial websites help arrange loans between friends, family members, and even total strangers.
If you liked this article, vote for it on del.icio.us and stumbleupon.“People have been borrowing money from each other for generations,” said Madhavi Mantha, a banking analyst at Celent LLC in Montreal. “What they’re doing is creating an infrastructure, a set of tools, to make it easier.”
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