>

What is 'Peer-To-Peer Lending (P2P)'

  • sparedes
  • Topic Author
  • Visitor
  • Visitor
25 Apr 2018 01:54 #362474 by sparedes


Peer-to-peer (P2P) lending is a method of debt financing that enables individuals to borrow and lend money without the use of an official financial institution as an intermediary. Peer-to-peer lending removes the middleman from the process, but it also involves more time, effort and risk than the general brick-and-mortar lending scenarios. P2P lending is also known as social lending or crowdlending.

BREAKING DOWN 'Peer-To-Peer Lending (P2P)'

Traditionally, individuals who withdraw w88 and small businesses who want a loan usually apply for one through the bank.

The bank would run extensive financial checks on the applicant’s credit history to determine if the entity would qualify for a loan and if yes, determines the interest rate that will be charged on the loan. Individuals that want to avoid being charged high interest rates or that would otherwise be rejected for a loan application due to poor credit history, may opt for an alternative way of borrowing funds – peer-to-peer lending.

With peer-to-peer lending, borrowers take loans to online m88 game from individual investors who are willing to lend their own money for an agreed interest rate.

The profile of a borrower is usually displayed on a peer-to-peer online platform where investors can assess these profiles to determine whether they would want to risk lending money to a borrower. A borrower might receive the full loan amount or only a portion of what he asked for from an investor.

In the case of the latter, the remaining portion of the loan may be funded by one or more investors in the peer lending marketplace. In peer-to-peer lending, a loan may have multiple sources and monthly repayment has to be made to each of the individual sources.

M88 platforms connect borrowers to investors with attractive interest rates. For lenders, the loans generate income in the form of interest which can often exceed the interest amount that can be earned through savings vehicles, such as saving accounts and CDs.

In addition, an investor is able to earn a higher return on his investment than he can get from the stock market through the interest has transfer funds m88 payments he receives monthly from the borrower. On the other hand, P2P loans give borrowers access to financing that they may not have gotten approval for from standard financial intermediaries.

Furthermore, a borrower gets a more favorable interest rate on her loan than one she would otherwise have gotten from a bank.

Please Log in or Create an account to join the conversation.

Time to create page: 0.176 seconds
SalmaBy intertwining politics with sports, the BCCI has placed international cricket in a precarious position. Fully support the PCB's stance against the hybrid model - especially since Pakistan (despite security concerns) has toured India five times, including a bilateral white-ball series, post-26/11. It's time for the ICC and its Board of Directors to uphold fairness and assert their authority(28.11.2024, 15:07)(15:07)0
SalmaWest Indies won their first Test at home in two-and-a-half years when they beat Bangladesh in the first Test in Antigua by 201 runs. The visitors' chase of 334 was brought to a close at 132 for 9 on the fifth morning, just an over after Alzarri Joseph struck No. 11 Shoriful Islam on the back of his shoulder. The Bangladesh physio didn't clear Shoriful to continue his innings, thus bringing the curtains down on the game as Shoriful retired hurt.(28.11.2024, 13:35)(13:35)0
SalmaRutherford, Shepherd, Powell snapped up by IPL franchises(28.11.2024, 13:34)(13:34)0
SalmaHampshire win in Super Over comeback(28.11.2024, 13:34)(13:34)0
SalmaICC meets on Friday to tackle Champions Trophy deadlock(28.11.2024, 13:22)(13:22)0
Rachelwhy captcha is taking too much time????(22.11.2024, 10:33)(10:33)0
Annabella?Motie the batsman!? Its becoming a habit. He came in at117/8 and left at 166/9

Motie smashed 33(14)

He is world Number 2 bowler but probably wants a promotion to Motie the all rounder.

(PIC ESPNcricinfo )
#kaieteurnewspaper
#KaieteurNews
#sports
#cricket
#WIvsENG
(10.11.2024, 11:11)(11:11)0
AnnabellaBreaking: Dallas Cowboys QB Dak Prescott is planning to undergo season-ending surgery on his partially torn hamstring, pending the opinion of one final specialist, sources told Adam Schefter.(09.11.2024, 17:56)(17:56)0
AnnabellaAlzarri Joseph ban for two matches(07.11.2024, 18:41)(18:41)0
AnnabellaWhy New Zealand & South Africa don't play more test matches like Australia, England and India?(03.11.2024, 14:06)(14:06)0
SawyerPresident Ali lauds QC as symbol of excellence at 180th anniversary event(22.10.2024, 05:15)(05:15)0
EllieSerious Comment! Guyana lost because GAW forgot to switch off the stadium lights!(07.10.2024, 19:33)(19:33)0
EllieThey have more astronauts in the Hubble Space Telescope than attendees in Nigel Latrine meeting.(06.10.2024, 15:48)(15:48)0
JohannaPollard: We need to produce next batches of Bravos, Pollards, Narines(27.09.2024, 16:47)(16:47)0
JohannaDwayne Bravo parts ways with CSK, joins KKR as mentor for IPL 2025(27.09.2024, 16:38)(16:38)0
EllieDo you recall the famous Village Umpires. The ball only touch the pad Or wicket keeper appeal. Is OUT!(12.09.2024, 14:51)(14:51)0
EllieStatement from CPL: "Sherfane Rutherford is leaving the St. Kitts and Nevis Patriots squad due to personal reasons and will take no further part in the 2024 Republic Bank Caribbean Premier League (CPL). The Patriots will name a replacement in due course."

Rutherford has not had the best of seasons, with scores of 1, 0, 34 and 1.

(Photo: CPL/Getty Images)

#sport #news #newsroom #newsroomguyana #guyana
(11.09.2024, 19:05)(19:05)0
AldoJoe Root has never been featured in any Test XI Greatest. Maybe because his publicity profile is low. But it would be difficult not to include him!(03.09.2024, 10:22)(10:22)0
IslaGTT enters three-year endorsement partnership with cricketer, Shamar Joseph(30.08.2024, 17:17)(17:17)0
Islawest indies winn(27.08.2024, 18:21)(18:21)0
IslaWest Indies need 13 runs in 26 balls(27.08.2024, 18:17)(18:17)0
IslaHetmyer, FOUR, only 18 now.(27.08.2024, 18:16)(18:16)0
JerichoWho the hell send shamar Joseph to bat at number 11(16.08.2024, 11:32)(11:32)0
JerichoHappy Athanaze made runs, but in my opinion he could have been out anytime.(12.08.2024, 09:29)(09:29)0
JerichoBally Khaman
The Caribbean fans asking for more test series per a year but WI can't put together a proper test team eh ?
(03.08.2024, 18:48)(18:48)0
MarcoRiley Gaines laid into Brittney Griner for kneeling during the National Anthem. “You don’t have to sing or anything, but you need to show some respect for the country that saved you from a Russian Gulag.” ???(03.08.2024, 12:41)(12:41)0
MarleighLooking for PM...(20.07.2024, 20:51)(20:51)0
AbdullahIsraeli Prime Minister Benjamin Netanyahu makes surprise Gaza visit(20.07.2024, 17:06)(17:06)0
ketchimhopefully day 3 goes as well as day 2 !(19.07.2024, 15:25)(15:25)0
Sylviarally(18.07.2024, 18:00)(18:00)0
Braxtone(18.07.2024, 08:08)(08:08)0
SantinoShamar Joseph & Gudakesh Motie Late Tour Arrival(05.07.2024, 15:23)(15:23)0
Gabriel30 from 30 balls and lost.
I have no respect for South africa!!!
(29.06.2024, 13:18)(13:18)0
AldoI'm confused on how a funeral home can raise the price of a funeral service and blame it on the cost of living.(27.06.2024, 19:35)(19:35)0
BrynleeShaheen Afridi has signed for Toronto Nationals in the Global T20 Canada, weeks after withdrawing from a £100,000 contract with Welsh Fire in the Hundred

Short-form leagues need better regulation: this should be enough for the ECB to ban Shaheen for the 2025 edition, for example
(22.06.2024, 13:48)(13:48)0
GabrielI guess all west indies fans will be rooting for England this morning how ironic(21.06.2024, 09:54)(09:54)0
GabrielFormer India fast bowler David Johnson has passed away at the age of 52 after falling from his balcony, as per reports.(20.06.2024, 06:07)(06:07)0
GabrielCan usa win the cup(19.06.2024, 08:32)(08:32)0
NasirPakistan's nervy run-chase condemns Ireland to a winless World Cup campaign(16.06.2024, 14:18)(14:18)0
GabrielUsa goes to super8(14.06.2024, 13:15)(13:15)0
NasirSaurabh Netravalkar and Harmeet Singh: two Mumbai boys living the American cricket dream(13.06.2024, 17:18)(17:18)0
NasirMotie among contenders for ICC Player of the Month(11.06.2024, 16:52)(16:52)0
ketchimUSA created History with a Super Over Victory !(07.06.2024, 09:20)(09:20)0
Nasirusa vs pakistan(06.06.2024, 10:31)(10:31)0
WarrenIcc may have to ban worldcup matches in barbados too much rain(04.06.2024, 18:51)(18:51)0
SaulChase rescues West Indies for a winning start(02.06.2024, 17:46)(17:46)0
ketchim137 - after 19 : WIN(02.06.2024, 13:45)(13:45)0
ketchimPNG : 136 - 8 after 20(02.06.2024, 11:05)(11:05)0
WarrenCome and experience the vibrant atmosphere at 230 fifth Rooftop Bar! Open all year long, we're the perfect spot to enjoy the spring and summer seasons under the sky.

No reservations required—walk-ins are always welcome! Whether you're looking to unwind with refreshing drinks or indulge in delicious food, our rooftop offers stunning views that promise unforgettable evenings.

Join us at 230 Fifth Rooftop Bar for a taste of the good life, where every visit is more than just a meal—it's a celebration!
(01.06.2024, 10:18)(10:18)0
WarrenI heard Australia played with 9 players v WI in the warm up match again
Players still absent
(31.05.2024, 16:23)(16:23)0
Elliot
Go to top