Whether or not banks should offer P2P lending platforms themselves is a tough question to answer as the business models of the P2P industry and the banking industry is both very similar and yet very different. Banks are for example heavily regulated, which can make it difficult for them to enter this newer and more…
P2P lending platforms can generate a lot of revenue from fees. But the P2P industry is also a very competitive industry which means that people who would like to get into this sort of business should expect to do a lot of marketing efforts to actually succeed. If you are attracted to the P2P lending…
P2P lending is not unethical in itself, as both borrowers and lenders can benefit from using it. This means that P2P lending in itself is ethical. But some aspects of the industry could and would be considered unethical by many. A lot of the loans funded via the P2P lending platforms are personal loans or…
For many people, choosing the right investment is crucial for ensuring that they meet their investment goals whether they mean to retire early, create a nest egg for when they finally stop working, or simply grow their money so it can take care of them when they are no longer able to take care of…
The P2P lending market grew at a rate of 25% between 2014 and 2019 and is expected to remain a popular investment option for investors who want to diversify their portfolios. P2P lending, which is a kind of lending that is done online through the use of an online platform instead of a financial institution,…
Lending is a practice that has been around since the dawn of recorded human civilization. It has been a means of transferring wealth into ventures in a bid to generate more wealth, with the trust of being repaid by the borrower. When an individual or institution loans money to a borrower, they expect to gain…
Is P2P lending safe and without any risks? No. Anyone who’s looking for an investment opportunity that is completely risk-free is going to be disappointed. Legitimate risk-free investments simply don’t exist. So if you hear of a “risk-free” investment, it is probably best to avoid it. Seasoned investors will quickly tell you that there is…
Throughout history, innovation has changed the world and made things easier, smarter, and more assessable. Peer-to-peer lending is one of the innovations that has changed the ways the traditional banking system works. In some ways, you could say that P2P lending has changed history. In this article, you can learn about the history of P2P…
Peer-to-Peer lending, also abbreviated as P2P lending, is a form of debt financing that provides the means for individuals to borrow and lend money to each other through an online platform. This means that P2P lending allows people to borrow money without the use of traditional banking services. P2P lending can be categorized as a…