What is peer-to-peer lending?

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Essentials of Entrepreneurship and Small Business Management

ISBN: 978-0134741086

9th edition

Authors: Norman M. Scarborough, Jeffrey R. Cornwall

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Question Posted: Dec 26, 2018 07:51 AM

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Under what circumstances, if any, would you be willing to participate as a lender in a peer-to-peer lending arrangement?
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An article in the Economist magazine notes the following about peer-to-peer lending sites: Instead of a bank intermediating between savers and borrowers, the two parties deal with each other...
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What is peer-to-peer lending?

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Peertopeer loans are webbased vetting pla...View the full answer

Essentials of Entrepreneurship and Small Business Management

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