You can make money by lending money to strangers over the Internet. It sounds like the latest variant of Nigerian spam, but it's a legitimate new business started by an entrepreneur with an impressive ...

Elena Patrice, a single parent in Virginia, is eager to get rid of nearly $20,000 in credit card debt that she’s rolled up since her divorce four years ago. So last month, the 38-year-old appealed to ...

Prosper Loans is an online peer-to-peer lender marketplace that offers fast loans funded by individuals and investors. Prosper handles all loan servicing on behalf of borrowers and investors. Loans ...

Online person-to-person lending seemed like a terrific concept. People with a bit of available cash could have the opportunity to loan their money to folks who needed it. Without the expensive ...

Prosper is the eBay of peer-to-peer lending. Borrowers create listings for their loans, describing why they need the money and the maximum interest they're willing to pay. Loans range from $1,000 to ...

Prosper.com, a peer-to-peer lending marketplace in the U.S., has raised $70 million led by Francisco Partners, a private equity firm with Institutional Venture Partners (IVP) and Phenomen Ventures ...

The online peer-to-peer (P2P) lending industry has become a viable alternative to standard banking over the past 10 to 15 years. As clients may ask about this, it’s a good idea for CPAs to be at least ...