Lending
4 things you must know about peer-to-peer lending
A popular alternative to traditional loans, peer-to-peer lending involves applying for a loan on an online platform. The loans are unsecured, i.e., no collateral is required, and they are financed by one or more investors or peers. Also known as P2P lending, this type of lending process was first started in 2005 by Zopa, a […]
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5 benefits of peer-to-peer lending
Using peer-to-peer lending, borrowers and lenders can connect and conduct transactions online. The term of these loans ranges from one to five years. The best part is that the borrower needs to pay only a fixed amount every month that gets auto-debited from their bank accounts. Also, it eliminates the need for physical contact with […]
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Benefits of peer-to-peer lending to borrowers and lenders
Peer-To-Peer Lending (P2P) is the most common practice for money lending via the online medium to develop businesses. The companies of this service have promised to serve the people at a much cheap rate of the price than the financial institutions. Therefore, both borrowers and lenders are benefitted in a great way. In this article […]
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Essential things to know about peer-to-peer lending
Peer-to-peer lending is a unique concept of financing where lenders and borrowers are brought together by online service providers. This is a cost-effective type of financing. What is peer-to-peer lending? Peer-to-peer lending is a concept where a service provider (usually online operates) brings together lenders and borrowers on one platform. It is also referred to […]
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Some common questions on peer-to-peer lending
While loans are supposed to be a way to finance large investments, a lot of people balk at the idea of availing one. The thought of paying high-interest rates on loans, and the numerous trips to the banks to get one approved, is enough to make even the strongest person quiver. Gone are those days […]
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The pros and cons of peer-to-peer lending
Peer-to-peer lending or P2P lending is an innovative financing method allowing lenders and borrowers to come together on one platform. But what are the pros and cons of this type of financing? Whom does P2P lending benefit? Peer-to-peer lending is beneficial to all those involved in the process. It is beneficial for the borrowers as […]
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Things you need to know about peer-to-peer lending
The movement of funds from the lender to the borrower has, since the longest time, been a sector that has been evolving through time constantly, with terms such as loans and mortgages catching on quickly. The present economic realm has made multiple ways possible for cash flow to happen from institutions that can provide help […]
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Various sources of peer to peer lending
The evolution that the financial world has gone through has allowed for new and better ways of cash flow to exist. The need for funds is abundant throughout the country, with individuals and companies of all levels having the need to borrow, to fulfill a dream, survive an emergency or grow. Before the existence of […]
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