A Guide to Personal Loans – The 2.0 Way | Credit Sesame

With traditional banks tightening their lending practices, more people are turning to their peers to secure low-interest personal loans. This new practice of people investing in creditworthy borrowers is becoming a hot trend that should not be overlooked. It is estimated that by 2013 there will be five billion in outstanding peer-to-peer (or P2P) personal loans.

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