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Listen "Impact of Rising Interest Rates on Peer-to-Peer Lending"
Episode Synopsis
P2P lending or peer-to-peer lending is a very popular form of loan especially for those who have a low credit score. Lenders provide loans to applicants through an online platform in P2P lending. P2P platform is beneficial for retail investors as they use this platform for investment. The P2P platform enables retailers to directly lend the money to borrowers and thus getting higher returns than traditional investment instruments and borrowers getting loans at competitive interest rates.
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