Banks..who needs 'em??

A few months ago I came across a post on a message board about peer to peer lending. I thought the concept was really neat and definitely a cool option for someone looking into online loans. The way it works is that you "join" a network of people...and these people are either in the network to borrow money or to invest/lend it. Basically it just cuts out the need for a bank and the huge profit they make from your need. The whole process is really simple and definitely worth checking out. It's like borrowing from a friend without worrying about hurting your friendship...the terms are all laid out and no one gets hurt. You gotta love that....