Lending 2.0

Lending 2.0

June 26, 2013

Peer-to-peer loans allow borrowers to borrow money directly from each other, with institutions acting only as the intermediaries. These loans can be helpful when borrowers have major purchases, want to consolidate debt, have trouble getting home equity or simply want to lower interest rates. This infographic walks us through the basics of “Lending 2.0”. Source