Peer to Peer (P2P) Lending
Peer to Peer (P2P) Lending is a modern method for people to lend money to individuals or businesses, often through a central platform or hub. As a lender, you would receive interest and you get your money back when the loan is repaid over a pre-agreed period of time. As a borrower, you enter into an agreement to pay interest at certain times over the duration of the loan. P2P Lending is a popular method of raising capital/lending capital without going through the traditional banking system.
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