America's big banks are still deeply hesitant to lend money to most ordinary folks. But in the year's since the financial crisis knocked the legs out from under us, an alternative borrowing option has been gaining ground: peer-to-peer lending.
For those who can't get bank loans, the new business of peer-to-peer lending can be a lifesaver. Internet companies connect people who need to borrow with individuals willing to lend to them directly -- for a fair profit, of course. Here's how it all works.