Friday, November 2, 2007

P2P Lending Featured On NPR's Morning Edition

P2P lending got featured during this morning's rush-hour NPR coverage during Morning Edition. Prosper was promoted prominently. It was a little rosy compared to actually lending on Prosper, but was interesting none the less. I was amused that I had seen the listing they referred to in the piece just a day or two ago. Head over to NPR if you want a listen.

America is known as a nation of borrowers. At last count, it had a collective $2.5 trillion in consumer debt. But it could become a nation of lenders — theoretically at least — as Web sites enabling ordinary people to lend and borrow from each other flourish.

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