What is with all this hype relating to and other peer to peer lending networks? Can you actually get a private loan at a reasonable rate from a group of total strangers? Effectively I will try to clarify all you’ll need to know and hopefully give you enough insights into the process and obstacles, so you can determine if this is anything you might be interested in exploring further for your borrowing or lending requirements. As a side note before I start reviewing Prosper and others alike are at times referred to as Peer to Peer Loans, p2p or social lending platforms. So if I refer to any of these in my overview below, you are going to realize the reference.

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