Before banks became major institutions during the Renaissance, almost all lending took place between individuals. Now, with the help of online networks, peer-to-peer lending has been revived. Where is this trend headed? What are the implications? What are the risks and opportunities? We’ll provide the answers.
With bank loans harder to come by, some people who need to borrow money are turning to a fast-growing online industry: peer-to-peer lending.
Online companies, such as Lending.....