Questions

What is P2P lending?

Asked by Beyond Eleven, in Finance
What do you know about peer-to-peer lending?

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Answers

Brahim A. Tycoon II Premium   APSense Adviser for Social Media!

Feb 6th 2021 03:49   
Robin Belly Committed  Digital Marketing Agency | SEO
What do you know about peer-to-peer lending?
Feb 7th 2021 06:27   
Secure for Sure LLC. Advanced  Garage Door Repair, Replacement, Maintenance & Ins
Peer-to-peer lending is a form of crowd-funding used to raise loans for people who need to borrow, from people who want to invest.
Feb 7th 2021 23:26   
Cashfor Gold And Silverkings Innovator  Jewelry Buyer
Peer-to-peer lending enables individuals to obtain loans directly from other individuals, cutting out the financial institution as the middleman.
Feb 9th 2021 04:55   
Viktor(Buratino) Z. Magnate II   School of eBusiness
Do you can read?
https://www.investopedia.com/articles/investing/092315/7-best-peertopeer-lending-websites.asp
Mar 20th 2021 09:26   
Viktor(Buratino) Z. Magnate II   School of eBusiness
And look here
On BitcoLoan, lenders’ investments are always backed up by collateral frozen in the borrower’s account. If the borrower fails to fulfill their financial obligations, BitcoLoan compensates the investor with the amount invested in the loan.

https://bitcoloan.mx/?ref=374775&utm_source=aps
Apr 15th 2021 08:44   
Arjit Chalmela Innovator  Finance Student
Peer-to-peer (P2P) lending enables individuals to obtain loans directly from other individuals, cutting out the financial institution as the middleman. Websites that facilitate P2P lending have greatly increased its adoption as an alternative method of financing.
Aug 9th 2021 02:56   
madhav joshi Advanced  digital markting expert
Peer to Peer lending(P2P lending) is a process where people can borrow money from a variety of different individuals through an intermediary, often a company or a website. The loan agreements are made between individuals, without input from the government or traditional financial institutions. P2P lending is generally better for borrowers than borrowing from a bank because the loans are unsecured, meaning people do not need collateral to receive a loan. The interest rates are usually lower than a credit card or loan through a bank. Borrowers usually pay a flat fee for the service, and this varies from one company to the next. An example of a peer to peer lending company is Lending Club.
Jul 13th 2022 00:34   
Melinda Richards Innovator  Crypto Enthusiast
P2P lending, is an innovative form of financial borrowing and investing that connects individuals directly through an online platform. Gone are the days when banks were the only option for loans or investments; now, P2P lending allows individuals to act as both borrowers and lenders within a digital ecosystem. For borrowers, P2P platforms provide a convenient avenue to secure loans at potentially lower interest rates compared to traditional channels. On the other hand, lenders get the opportunity to diversify their portfolio by investing in a wide range of loan requests while earning attractive returns.There are several key players involved in P2P lending: borrowers who seek funds for various purposes, lenders who finance those loans in exchange for interest payments, and the P2P platform as intermediaries facilitating the transactions through screening applications and managing risk assessments.With its user-friendly interfaces and efficient processes,P2P lending has gained considerable popularity among people seeking alternative financial solutions.
Jan 10th 2024 03:45   
Rishabh Kumar Junior  Finance Advisor
Peer-to-peer (P2P) lending is a method where individuals or businesses borrow money directly from other individuals or investors through online platforms, bypassing traditional financial institutions like banks.
Mar 1st 2024 01:21   
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