Listen to ABR

Peer-2-Peer Lending Platforms

Sep 15, 2019 06:04 PM
Peer-2-Peer Lending Platforms Africa Business Radio, Peer 2 Peer, Africa Business News, Lending, Loanclopedia


Does it feel like some cold bold robbery to save your money with my bank which they trade with and give you a 5% interest in return? Yet the same bank would make you pay a whopping 15% if you dare borrow part of that money! A report by Transparency Market Research shows that about 26% of Americans have been using the Peer-2-Peer lending service which by 2018 would predictably be worth $86 billion. So if you’re thinking of getting your loans elsewhere, Peer-2-Peer is your alternative. This is how Peer-2-Peer lending works.

Get the latest headlines and unique ABR stories, sent every weekday.

BCX Brand Positioning-Awake Online_Voice-300x250-12-2019-Tracking Ad-BUS01034

Upcoming Events

Wed 17

ABR social sensitization on HIV & AIDs

Jul 17 @ 07 AM - Jul 24 @ 05 AM

Job Listing

Software Developer

Google
2019-07-31
×

Newscast

News Updates

  • SA doing well in fight against coronavirus, says Chinese diplomat

  • N900m Debt: AMCON Takes over Galadima’s Residence, Company

  • Why ATCON is strategic to digital economy agenda – Pan African Towers CEO

  • Telecoms Subscribers Hit 185m in 2019

  • Coronavirus jitters: Chevron tells employees at London office to work from home

  • Bob Iger to step down as Disney CEO, effective immediately

  • WHO advise countries to prepare against coronavirus

  • Sasol share hits 15-year low

  • Oil communities in Rivers, A-Ibom protest, allege marginalization

  • Kenya set to Privatise Sugar Factory