How to Get a Loan the Web 2.0 Way
It took Karla Brazelton just three days to round up nearly 100 strangers willing to help her reduce her $7,000 credit card debt. In September 2009, she joined an online peer-to-peer loan network known as Lending Club, where, with small contributions from a random collection of members, she secured a 36-month personal loan at 7.74% interest.