June 4, 2008

Another Peer-to-Peer Lender Starts Offering Student Loans

By Beckie Supiano

A number of online companies have begun offering peer-to-peer loans to students, just as the education-loan season moves into high gear in a tight credit market. The latest, GreenNote, will join their ranks today.

The new company, which is based in California, had been in the planning stages for two years, but its timing could prove fortuitous. GreenNote will offer student loans exclusively, as does Fynanz, which began in March. Larger peer-to-peer lending sites, like Prosper,

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