In This Chapter
• Some basics about P2P lending
• Deciding whether P2P lending fits in with your financial goals
• Finding your motivation
• Deciphering the loan listings
• Evaluating new P2P lending sites
Are you trying to decide whether becoming a P2P lender is a good move for you?
It’s understandable if you’re unsure about lending money online to a complete stranger! Unless you’re one of those people who Twitter, blog, and hang out on MySpace and Facebook, you might feel a little strange about doing something so personal online.
In Chapter 1, you read a general overview of P2P lending. Now, let’s take a closer look at some of the basics you need to know to get started. It might make you feel more comfortable about the process. ...