Peer to Peer

Peer-to-peer lending site Prosper.com has stopped letting high-risk borrowers use its site because too many of them failed to repay their loans. The site's problem, says columnist and one-time lender Alex Salkever, is that Prosper got in the way of letting a social bond form between microborrower and microlender.

LimeWire, a peer-to-peer file sharing network that was recently found liable to recording artists for massive copyright piracy faces an additional threat to its existence: Music publishers are suing it too, alleging the same piracy.

For borrowers who are looking for a personal loan, but don't qualify for the best rates at their local bank, peer-to-peer lending might be a good solution. Recently Lending Club expanded its personal loan offering by providing 5 year personal loans to borrowers and investors. "Sixty-month loans...

Pay 555-555-1234 $13.70 for dinner. It seems simple; sending money to a friend or business with your phone, but after years of trying, the practice never really caught on in the U.S. Past attempts at sending money with a cell phone have been simple enough to use, but the fees involved often...

Over the past couple of years, lenders have tightened their purse strings, making it harder for even the most creditworthy consumers to land a loan the traditional way. But as the banks' wallets closed, other ones have opened: Peer-to-peer lending sites like Lending Club and Prosper have provided a...

Lawmakers in France, the birthplace of Rousseau and the idea of modern political liberty, have approved one of the most draconian laws ever seen in the fight against digital piracy of music, movies and software. On Tuesday, the French National Assembly approved a bill, known as HADOPI 2, which...

Peer to Peer lending isn't just a good way to get a loan for consolidating your debt or launching a small business, it's also a great way to invest. LendingClub.com, one of the best known p2p lenders, is celebrating its growth and the popularity of peer-to-peer lending by giving away $2,500 to...

Peer-to-Peer lending is everywhere these days. You can start a business, get student loans and consolidate high interest debt. Still, borrowing money from your peers is a new experience for most of us, and for many people new things are daunting -- which makes this borrower's look at peer-to...

Finding a lender with a soul can be difficult, but finding a student loan lender with a soul is damn near impossible, which is why when I first heard of TuitionU I was a bit skeptical. The service, which helps students bridge the gap between federal student aid and the cost of higher education,...

After a nine-month hiatus, peer-to-peer lender Prosper.com is back with a new and improved lending service. Thanks to its recent SEC registration the improved Prosper.com is now available to borrowers in 46 states and lenders in 14, with plans to expand nationwide in the near future. For the...