January 21, 2008

Online Banking Report
Person to Person Lending
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Online Banking Report Finds P2P Lending Growing Slowly  

Jan. 21  SEATTLE--A report from Online Banking Report analyzes the person-to-person (P2P) lending industry, which has grown slowly. 

The report says implementing P2P lending has been difficult due to fierce competition from the 20,000 existing financial institutions and other factors and forecasts $5 to $10 billion in annual volume within 10 years. 
 
 

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