Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How Is Peer-to-Peer Lending Different From Other Investments?

April 26, 2017different investments lending peer-to-peer

0

10 Posted

How Is Peer-to-Peer Lending Different From Other Investments?

1 Answer

0

10 Posted

When you lend money in a social lending network, you are giving a sum of money to your borrowers and in return they pay you back the principal, plus interest, over the term of the loan (usually 3 years unless they pay off the loan early).