Peer to Peer Lending

From Open Risk Manual
Revision as of 23:03, 10 February 2020 by Wiki admin (talk | contribs) (Initial Entry)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Definition

Peer-to-Peer Lending. It is the practice of lending money to unrelated individuals, or peers, without going through a traditional financial intermediary, such as a financial institution or other traditional financial institution.