April 28, 2009 In Focus: Peer-to-Peer lending Play video

(NECN) - In Focus today, credit and lending. We've talked a lot about how challenging it has been to find a loan during the recession. In this segment we check in on a topic known as peer to peer lending.

Jennifer Lane certified financial planner for Compass Planning joins us to talk about how peer to peer lending has been impacted by the global credit crunch.

If you're an investor, this could be one way to get a better return than a CD or savings account, but are there any risks to offering up your money as a loan to a stranger?