From Reuters - Peer-to-peer lending gets new interest as banks keep a tight rein on credit.
Thanks to the internet, peer to peer lending is gaining new traction. But risks remain and both borrowers and investors must tread carefully.
Watch the video here.
Monday, November 10, 2008
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2 comments:
Rob - I wonder why Fosik and Peermint in Australia cannot, or will not, get going.
And what does it say about P2P that iGrin has few funders and few borrowers (and no prospective borrowers at their site today)?
Ian
Tend to agree Ian - vast majority of Australians have never heard of the concept of P2P, and if they have would not really consider it for trust and security reasons. We are a less trusting market I think.
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