What is peer-to-peer lending?

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#shorts #peertopeerlending #P2P
Yahoo Finance's Stephanie Asymkos explains how peer-to-peer lending works.

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“Make sure you find yourself a trustworthy LENDER”. No, how about we find trustworthy borrowers who won’t default on loans.

ricecrash
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Don't touch it with a barge pole! I have lost 100k over three insolvent incomptent and criminally negligent companies Lendy, Funding Secure, and Wellesley. FCA approval means nothing, there is no protection. Stick to FSCS protected products. Lower gain but no loss!

paulinerobinson
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We have a family peer to peer lending business

hamzamalik