Peer-To-Peer Lending: How the Process Works

Peer-to-peer lending like Lending Club and Prosper.com are making a splash in the lending world by providing borrowers with simple, unsecured-loans at interest rates that are much more competitive than what is offered by most banks and credit unions. These companies offer one-year, three-year and five-year fixed-rate loans to borrowers with good credit at interest rates as low as 6%.

Source: http://EzineArticles.com/6312317

finance calculator online