From The Boston Herald - Editor's Note: It's exciting to see that P2P Lending is coming to the forefront of investment news.
Lending Club is now being publicly traded and things are looking brighter than ever.
Article Snippet: The only reason banks exist from a lending point of view is that they have traditionally been the one large type of institution that can float the risk of an individual loan.
But as an online, peer-to-peer lender, anyone can lend a little bit of money to lots of people.
If you take one loan and divvy the risk up among 10,000 people, then that’s a pretty good investment.
