Monday, May 22, 2006

Salon.com Technology | The virtual moneylender

Salon.com Technology | The virtual moneylender: "If they succeed, 'person-to-person' lending sites like Prosper -- competitors are coming online soon -- could upend the credit industry, bringing transparency and fairness to a market not known for either."

This is a fascinating development online -- kind of a personalized internet microlending system for folks in the U.S.

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