Download or read book The Complete Idiot's Guide to Person-to-Person Lending written by Beverly Harzog and published by Penguin. This book was released on 2009-04-07 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Forget credit card companies—make it personal! The Complete Idiot's Guide® to Person–to–Person Lending fills readers in on what they need to know, such as how person–to–person lending works, who lends and who borrows, and the advantages and disadvantages of Virgin Money, Prosper, Zopa, and Facebook's Lending Club. • Loans on Prosper and LendingClub rose to $100 million in 2007; by 2010, the online banking report forecasts $1 billion in person–to–person loan originations • Javelin Strategy & Research (Dec. 2007) predicts that the demand for person–to–person lending services may grow from $38 billion to $159 billion over the next five years.