We talked about a couple of these sites in one of my business classes. There is a lot of risk associated with for profit sites. According to my professor the site he showed us had a pretty high non-payment rate. Also on these sites, borrowers are able to shop lenders so lenders have to bid to give the loan. The low risk loans end up not giving much return on your investment.
Granted, I didn't look at this site so I'm not sure how it operates.
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