The Ebay of Loans; Prosper - Federal Deposit Insurance ...

The Ebay of Loans; Prosper.com links individual lenders to ... loan applicants are clustered in the iffier end of the credit spectrum. While bad loans are minor now, just wait until an economic downturn comes along. ... Company founder Christian Larsen was chief executive of E-Loan until Popular Inc. bought it in 2005. The Ebay model enticed him. ................
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