Tuesday, May 22, 2012
P2P and credit-builder loan programs
Consumer Action provides information about P2P lending sites and credit-builder loan programs to help consumers find non-traditional loan options with unique advantages.
Survey compares rates, fees and more for major P2P lending sites
Despite the worst of the financial crisis supposedly having passed, even consumers with a decent credit history are having a harder time qualifying for a traditional bank loan. Some borrowers…
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How to find credit-builder loan programs »
Because a strong credit history is so important to financial prosperity, some non-profit organizations offer special loan programs that enable people with credit problems or who are new to the…Peer-to-Peer Lending Survey (June 2012) »
Consumer Action compared the three major P2P lending websites—Lending Club, Peerform and Prosper. Promoted as a more accessible and less expensive option for borrowers, P2P loans have their advantages, but…
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