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The credit crunch means that many people who need loans have a hard time getting them from traditional banks these days. A new alternative called Person-to-Person Lending has come along to fill in the gap. Over $130 million a year is now being borrowed and lent directly over the Internet. Curtis Arnold, an expert on credit issues who runs Card Ratings.com, discusses the whole person-to-person lending phenomen in this interview. For borrowers, this concept allows you to borrow at much lower rates than you could get from a bank. For lenders, it allows you to earn a higher yield than you could ge
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