The Growth of Peer-to-Peer Lending
Published on
Jul 25, 2023
What is Peer-to-Peer Lending?
Peer-to-peer lending connects borrowers directly with lenders, bypassing traditional banks.
Benefits
- Lower interest rates
- Faster approval processes
Challenges
While P2P lending offers advantages, it also comes with risks.
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Conclusion
“P2P lending is reshaping the financial landscape.”
Understanding the risks and rewards is essential for participants.