P2P loan providers pair up borrowers with personal people who loan cash

P2P loan providers pair up borrowers with personal people who loan cash
Person-to-person or peer-to-peer (P2P) loans don’t result from old-fashioned lenders like banking institutions and credit unions. Rather, you are borrowing money from another individual, or numerous individuals, generally speaking through an online site that sets within the deal and operations your instalments. You will nevertheless spend interest on your own loan—and ...