How big of a THREAT is Peer-to-Peer lending?

A couple good postings below that give a great background description of what peer-to-peer lending is and predictions on who is going to be impacted the most from P2P lending. Definitely something we'll have to keep our eye on.


Great descriptive article on Peer-to-peer lending from a UK newspaper...
http://www.nextcu.com/2006/01/zopa_for_you_p2p_lending_is_co.html


Insights and predictions of Scott Patterson (VP of E-Commerce at Callahan & Assoc.) on the impact of peer-lending on credit unions...
http://www.nextcu.com/2006/01/zopa_for_you_p2p_lending_is_co.html