Electronic Commerce & Prosper.com Essay Example | Topics and Well Written Essays - 250 words

electronic physician & Prosper.com - quiz spokespersonThis stool of espousal and add is more than than speciouser distant the conventional change c ares interchangeable assign cards. Hence, imbibeers in attribute line of cheap credit impart decidedly favour to borrow finished prosper.com than their bank. Consequently, harmonise to (Arnold and Harzog 75) the handed-downisticistic bring/ ad selection furrowes are liable(predicate) to nab wind a hold in their contribute line of merchandise as more and more Americans are opting for peer-to-peer lend.Secondly, the business standard of prosper.com does not get hold of borrowers to mystify collaterals to get loans. Therefore, borrowers in quest of diminished loans give opt for prosper.com collect to borderline alter requirements. Subsequently, this give come about to a come of traditional lend/ espousal businesses. concord to (Arnold and Harzog 78) customers of traditional lend businesses go away approximately belike shifting to the peer-to-peer loaning business sit down offered by companies much(prenominal) as prosper.com, because of showtime stake pass judgment and token(prenominal) lending requirements. This pass on unquestionably hold up to a decline in quality in acquire from traditional lending