peer to peer lending

The Growth of Peer-to-Peer Lending

One of the benefits of the 2008 financial crisis and the Great Recession that followed is the growth of a form of alternative lending that’s giving consumers another way to obtain the financing they need. The lending freeze that occurred for several years made it more difficult for borrowers to find traditional lenders willing to […]

how peer to peer lending works

How Peer-to-Peer Lending Works

Consumer borrowing power isn’t what it once was. With tough economic times and a challenging job outlook, credit from traditional lenders — such as conventional banks — is scarce. Due to the Great Recession and the slow recovery, alternative forms of financing are becoming more popular. One of the fastest growing loan types is peer-to-peer […]

Peer 2 Peer Loan

What Is Peer-to-Peer Lending?

Anyone who is looking to borrow money knows how difficult it can be to turn to friends and family during your time of financial need. As if the act of asking isn’t difficult enough, owing the money hovers over you until it is paid off. In some extreme cases your relationship with the person will […]