Benefits to the borrower revolve around speed of the funding, reasonable interest rates, higher funding rates, and the ease of the application process. Easy Application – Put in a few pieces of personal information into an online application and you can be approved literally within minutes. Apply anywhere you have computer access and upon approval wait for you loan to fund. Interest Rates – The second benefit is the reasonable bank-like interest rates. The interest rate is accordingly adjusted up or down based on the term selected. Speed of Funding – Third, is the speed of funding. Fundin ..read more

Peer-to-Peer Lending is defined as for-profit financial transactions occurring directly between individuals or “peers” without the intermediation of a traditional financial institution.  This is how lending was done centuries ago, before banks emerged and became the norm: communities borrowed and invested directly in its members.  The Internet has now made this concept available to virtually anyone, offering an opportunity for borrowers to get better rates, and investors to earn better returns. There is a general mis-understanding that Peer-to-Peer (P2P) lending is doing Mi ..read more

Introduction: A good percentage of people in the world are involved in digitally enabled peer-to-peer exchange. This form of exchange has expanded dramatically in recent years, moving beyond simple retailing and free file exchange to personal, human-intensive services such as hosted accommodation, urban and city-to-city transportation, and peer-to-peer lending. Peer-to-Peer Lending or P2P lending is fast gaining popularity. These lending platforms, also called as ‘social lending’ or ‘crowd lending’, are designed in a way that they are benificial to both lenders and borrowers and are drive ..read more

Peer-to-Peer Lending is about individuals transacting between themselves for small ticket size personal loans, without the need to go through a financial intermediary such as a bank or any other financial institution. It is an exciting new way and a very efficient model that matches people who want to lend with people who want to borrow, giving everyone a better deal. Below video shows it all. ww.peerlend.in for details. The post How Does Peer to Peer Lending Work ? appeared first on PeerLend Blog ..read more

Historically, barter systems were the only way you could transact. In the barter system, transactions happened face-to-face, and mostly since it was the exchange of physical goods (or gold for goods), and the respective physical assets/items that were exchanged could be instantly checked and verified. In recent times, the growth of the Internet and the proliferation of digital transactions have exposed many limitations these exchange systems in the borderless, electronic world. The limitations mainly included high expenses, time delays and therefore high expenses, and security risks because yo ..read more

A good percentage of people in the world are involved in digitally enabled peer-to-peer exchange. This form of exchange has expanded dramatically in recent years, moving beyond simple retailing and free file exchange to personal, human-intensive services such as hosted accommodation, urban and city-to-city transportation, and peer-to-peer lending. Such exchange blurs the line between personal and professional in the provision of commercial services. Further, it often involves semi-anonymous transactions. Each of these factors creates a variety of regulatory challenges that could impede innovat ..read more

What is Peer-to-Peer Lending? Peer-to-Peer Lending is about individuals transacting between themselves for small ticket size personal loans, without the need to go through a financial intermediary such as a bank or any other financial institution. It is an exciting new way and a very efficient model that matches people who want to lend with people who want to borrow, giving everyone a better deal. The P2P business model is starkly different from that of traditional banks. P2P platforms don’t lend their own funds — they act as a platform to match borrowers who are seeking a loan with “lenders ..read more

Benefits to the borrower revolve around speed of the funding, reasonable interest rates, higher funding rates, and the ease of the application process. Easy Application – Put in a few pieces of personal information into an online application and you can be approved literally within minutes. Apply anywhere you have computer access and upon approval wait for you loan to fund. Interest Rates – The second benefit is the reasonable bank-like interest rates. The interest rate is accordingly adjusted up or down based on the term selected. Speed of Funding – Third, is the speed of funding. Fundin ..read more

Lenders win by getting returns above market rates and spreading their risk through a variety of transactions. Spreading Risk – With P2P lending, lenders are not big institutions but the majority of loans are filled in much smaller Rs.10,000 to Rs.50,000 increments by individuals like you and I. Investors are attracted to an alternative to the paltry interest rates provided through a traditional bank or looking or for an alternative to the stock market. High Returns – Current returns average over 21% (> 10% flat) depending on the loan type(s) you chose and the term. In today’s market, a 21 ..read more

Peer-to-Peer Lending is defined as for-profit financial transactions occurring directly between individuals or “peers” without the intermediation of a traditional financial institution.  This is how lending was done centuries ago, before banks emerged and became the norm: communities borrowed and invested directly in its members.  The Internet has now made this concept available to virtually anyone, offering an opportunity for borrowers to get better rates, and investors to earn better returns. There is a general mis-understanding that Peer-to-Peer (P2P) lending is doing Mi ..read more