With all the energy going into worrying about how the government can get big banks to start lending again, non-bank lenders are rising to fill the gap. Bloomberg has an intriguing article about two relatively small Web-based businesses, lendingclub.com and prosper.com. The article notes that so-called "peer-to-peer" lending "isn't as regulated as banks."
An Encouraging Sign
https://www.futureofcapitalism.com/2009/07/an-encouraging-sign
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