Cryptocurrency Q&A
What is the difference between P2P lending and traditional lending?
What is the difference between P2P lending and traditional lending?
Sat Jan 11 2025
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7 answers
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I am trying to understand the difference between P2P, or peer-to-peer, lending and traditional lending. I want to know how they differ in terms of their operations, benefits, and risks.
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7 answers
Mon Jan 13 2025
This lack of regulation can introduce potential risks for borrowers.
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Mon Jan 13 2025
Similarly, investors in P2P lending platforms may also face risks.
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Mon Jan 13 2025
One of the key risks is the higher interest rates for borrowers with low credit scores.
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Mon Jan 13 2025
These borrowers may not be able to obtain loans from traditional lenders.
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Mon Jan 13 2025
Regulation in P2P lending is relatively limited compared to traditional banking.
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