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1:42
YouTube
One Minute Economics
Peer-to-Peer Lending (AKA P2P Loans or Crowdlending) Explained in One Minute
Peer-to-peer lending (sometimes referred to as P2P lending or crowdlending) is basically an alternative to "traditional" banking or in other words, a way for you to borrow from or lend to peers directly. There is of course a peer-to-peer lending platform that always takes its cut but still, you're practically eliminating an important middle man ...
94K views
Jul 28, 2017
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