Lending & Borrowing through P2P platforms

A Peer to Peer (P2P) lending platform is an online aggregation platform of lenders and borrowers. It provides easy, flexible and quick access to funds for borrowers and higher rate of return to the lenders as compared to the bank FDs. It also provides funds to borrowers at a relatively cheaper rate than banks or financial institutions.
 

Read more at:
https://economictimes.indiatimes.com/wealth/borrow/how-to-lend-borrow-on-a-p2p-platform/articleshow/83868639.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst