Is social lending the way of the future?

by Money Doctor Wednesday 29 November, 2006

The Money Doctor was chatting with the Plastic Surgeon in the staff room earlier about the very hot topic of social lending.

It seems clear that a lot more people here in the UK are seeing social lending organizations as viable alternatives to their banks. Social Lending is when people lend and borrow money with each other, side-stepping the banks.

'Internet-based Social Lending', an in-depth study by the Social Futures Observatory (SFO), looked at the growing phenomenon of online Social Lending. Why not go here to read more information?

Alternatively why not go to Zopa, the online social lending marketplace?

Categories for this post: Banking

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