Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Personal Finance Forums
Personal loan
What is peer-to-peer (P2P) lending?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Yusra3, post: 342311, member: 31907"] Peer-to-peer lending, also called P2P lending, is a way for individuals to borrow and lend money without going through a traditional financial institution like a bank. P2P platforms connect borrowers directly with investors who are willing to fund their loans. For borrowers, P2P loans can offer competitive interest rates and faster funding compared to conventional loans. Credit requirements also tend to be more flexible. Investors benefit from the potential to earn higher returns than typical investment vehicles. The lending process happens online through the P2P company's website. Borrowers create a listing explaining why they need a loan and their credentials. Investors can then browse listings and choose which loans to help fund based on the borrowers' credit profiles and interest rates. Some of the largest P2P lending platforms include LendingClub, Prosper, Peerform, and Upstart. As with any loan, borrowers need to make timely payments, while investors face the risk of defaults impacting their returns. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Personal Finance Forums
Personal loan
What is peer-to-peer (P2P) lending?
Top