Friday, December 21, 2007

Person-to-person lending online picks up



Michael Fisher poses for a photo in Redmond, Wash., Monday, November 19, 2007.  Fisher is a member of Prosper.com, the U.S. leader in a growing trend known as peer-to-peer lending, which facilitates loans between complete strangers.  Colin Nash, 35, was struggling with $12,000 in credit card debt late last year. Meanwhile, Michael Fisher, 24, was looking for a new investment. So, Fisher loaned Nash $200.




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