Peer-to-Peer Lending. What is Peer-to-Peer (P2P) Lending?

Peer-to-Peer Lending. What is Peer-to-Peer (P2P) Lending?

Peer-to-peer financing https://badcreditloans123.com/payday-loans-wv/ is a type of direct financing of cash to people or companies without the official monetary organization participating as an intermediary Financial Intermediary a monetary intermediary means an institution that will act as a middleman between two events so that you can facilitate a economic deal. The organizations which are commonly known as monetary intermediaries consist of commercial banking institutions, investment banking institutions, shared funds, and retirement funds. Continue reading “Peer-to-Peer Lending. What is Peer-to-Peer (P2P) Lending?”