What Is a P2P Loan? Meaning, Personal vs Business Loans, Costs, and Repayment
A P2P loan is an online credit product funded through a platform that connects a borrower with individual or institutional lenders.
What Is Peer to Peer Lending? Meaning, How It Works, Risks, and Platforms
Peer to peer lending platforms connect borrowers with investors, but the platform still assesses applications, services loans, collects fees, and manages repayments.