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What is p2p lending- How does it work?

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30 Oct 2020

Definition, features and benefits of Peer-to-Peer Lending In the next blog post we will explain what p2p lending is, what are the benefits of using a p2p lending platform, as well as where to start. What is p2p lending? Meaning, definition Peer-to-Peer lending (p2p lending) is a simplified form of lending in which the borrower-lender relationship occurs directly. This type of "crowdlending" is most often done through platforms, which are good alternatives to traditional financial services. Globally, the method is gaining popularity due to the significantly more favorable conditions it offers compared to banks. Recent trends in the financial sector point to p2p lending services as a major competitor to traditional lending and investing methods. This financial alternative is a preferred investment option, which transforms the concept of "lending. Many experts believe that this method will completely change the financial culture of the future. Official studies on the growth of peer-to-peer lending show that the concept has the potential to develop drastically in the coming years, as its progress is of great economic importance. Read on to find out more about p2p lending and how it works.

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  • Is Investing in P2P Lending Better Than Bank Depositing?

    30 Oct 2020

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