Thursday, January 6, 2011

"If you compound our growth rate, we'll be the size of Citibank in three years."

Peer-to-Peer lenders, like LendingClub.com and Prosper.com, might change my mind about where this cold uncaring world is headed. Imagine, people helping and trusting other people! Earning a 10% return doing it ain't bad either. The types of loans that, one lender found, defaulted the least is particularly interesting. abcnews.com

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