CBS Evening News features P2P lending

"Beating the financial giants at their own game. Now that's…priceless," reports John Blackstone from CBS Evening News.

CBS Evening News interviewed Justin Brown, a Lending Club borrower, who reduced his the rate on his motorcycle loan from 31% to 10%. They also talked to Alex Clemens who lends money on Prosper, Lending Club and Zopa. "I'm not giving them money, I'm loaning them money," said Clemens.

Article: In Credit Crunch, Lending To Each Other