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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.

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