Similar to other financial investing platform, Peer to Peer lending also contains risk. The risk is highly dependent on the P2P lending for investors and platform and their credit policies which determine the quality of the borrowers. However, the risk can be minimised by following guidelines suggested for regular lenders.
Many might be thinking what is peer to peer investing? P2P lending is a new age investment asset class that has revolutionized investing in the country. In many countries, it is more popular than banks. The online lending platforms has only just risen to prominence in India, effectively in the past 2-3 years. Based on a simple idea of lending and borrowing, P2P platform uses cutting-edge technology to connect borrowers looking for quick capital injection to lenders looking to earn high returns. Such has been the surge in investments through these platforms that even the RBI couldn’t help but notice it, and in turn, started regulating it. If you aren’t well versed with P2P Lending and it’s functionalities.
Click to know more on peer to peer: https://www.lendenclub.com
Many might be thinking what is peer to peer investing? P2P lending is a new age investment asset class that has revolutionized investing in the country. In many countries, it is more popular than banks. The online lending platforms has only just risen to prominence in India, effectively in the past 2-3 years. Based on a simple idea of lending and borrowing, P2P platform uses cutting-edge technology to connect borrowers looking for quick capital injection to lenders looking to earn high returns. Such has been the surge in investments through these platforms that even the RBI couldn’t help but notice it, and in turn, started regulating it. If you aren’t well versed with P2P Lending and it’s functionalities.
Click to know more on peer to peer: https://www.lendenclub.com
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