Are Peer Loans Too Risky or the Way of the Future?
Prairie Eco-Thrifter
DECEMBER 7, 2014
(Photo credit: Wikipedia). Rates for loans are competitive with personal loans from traditional banks. In the past, most loans (80%) have been for debt consolidation. To be sure, there are risks for borrowers in peer loans but really no more than those risks in other types of debt. Credit is a tool in personal finance.
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