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Wall St's 'takeover' of P2P loan business sparks concerns

Big players' entry runs counter to peer-to-peer lending's original notion
Wednesday, May 7, 2014 - 06:00

IT was that rare thing, scarcely seen in the financial world since the debut of the ATM or microfinancing: an innovation to help regular people. When peer-to-peer, or P2P, lending began in the middle of the last decade, it offered an easy way for people to lend money to one another over the

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