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	<title>Mortgage Relief Programs &#187; peer to peer lending</title>
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	<link>http://mortgagereliefprogram.org</link>
	<description>Help with Monthly Mortgage Payments</description>
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		<title>Do You Understand Peer To Peer Personal Loans?</title>
		<link>http://mortgagereliefprogram.org/2010/03/what-are-peer-to-peer-personal-loans/</link>
		<comments>http://mortgagereliefprogram.org/2010/03/what-are-peer-to-peer-personal-loans/#comments</comments>
		<pubDate>Thu, 04 Mar 2010 20:55:39 +0000</pubDate>
		<dc:creator>Stephanie S. Keenan</dc:creator>
				<category><![CDATA[Government Assistance]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[loans]]></category>
		<category><![CDATA[online investing]]></category>
		<category><![CDATA[peer to peer lending]]></category>
		<category><![CDATA[Personal Finance]]></category>

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		<description><![CDATA[There is an old saying: "There is nothing new under the sun", and this may be applied to peer to peer personal loans. In bygone days, banks and other lending companies did not even exist. Based on who needed the money, and who had some money they were willing to lend out, lenders and borrowers usually located each other in an informal marketplace. This comprised the original person to person, or peer to peer loan. As our society and its institutions became more formalized, specific businesses were established for the main purpose of lending funds in exchange for the payment of interest. Many times, these organizations were formed as savings and loans, so that they would receive savings deposits of individuals who wanted to receive a return on money they were not using. In turn, these funds would be employed to fund the loans to other people who were in need of money, in what would now be considered a personal loan. The lending establishments made money paying interest on deposits at a lower rate than the interest they received on loan.]]></description>
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