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January 17, 2008
Been thinking about P2P lending
Found this very good intro article over at Salon. As you can see on my site, I like Prosper. This is a category that needs alot of innovation though. There is alot of money on the table. Take just the $4.6B in fees the payday loan industry makes averaging 400% interest. Now there is a good business. Could you do it on-line for $3B? Maybe I will review the different sites over the next week.
Posted by Martin at January 17, 2008 4:15 PM
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