Category: Credit Crunch

Peer-to-peer lender is back in business

date 29 Apr 2009 | category Credit Crunch, Personal Loans

NEW YORK (Fortune) — Last October, the nascent peer-to-peer lending industry nearly saw its demise when the SEC forced its most established player, …

“One day they ask for a score of 620; the next it’s 680.”

By Dean Calbreath
UNION-TRIBUNE STAFF WRITER
Excerpted

As politicians struggle to patch up the nation’s ailing financial system, credit – the grease that keeps the global economic machine …