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  • BUSINESS: 'Social lending' websites offer alternative to big banks

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BUSINESS: 'Social lending' websites offer alternative to big banks

With higher interest rates, increasing numbers of consumers are shunning traditional high street lenders and finding new ways to save and borrow. So called "social lending" websites, which allow individuals to lend one another money, are touted by their fans as an ethical alternative to the big banks, which can even beat their lending rates. But is it really a safe place for your money?

ITN Source | February 28, 2007Watch more videos from ITN Source

Tags:. .another. .place. .offer. .rates. .numbers











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