Peer to peer lending (also known as p2p lending, person to person lending, and social lending) is a new alternative to the traditional bank lending system. It allows consumers to borrow and lend money amongst each other using online social networking companies like Prosper.com, Zopa and Virgin Money.

Since the bank is bypassed, the lender will receive a higher return while the borrower will pay less interest. Although p2p lending currently makes up a small percentage of the lending market, it has the potential to gain significant momentum in the next few years. In fact, the p2p lending industry is predicted to fund five billion dollars in loans by 2010!

With p2p lending, INVESTORS have the opportunity to:
-Diversify portfolios
-Build investments
-Generate passive income
-Formalize loans with family and friends
-Help a person achieve a dream!

While BORROWERS can:
-Receive lower interest rates
-Personalize loan requests
-Consolidate debt
-Start a business without credit cards
-Pay for college

While the general idea of p2p lending seems simple, there is much to know about p2p lending companies, loans, and interest rates… and that is where we come in. This website is dedicated to providing you with the information, reviews, and resources needed to become a successful peer to peer lender or borrower.