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Peer-to-Peer Lending Breaks Down Financial Borders

Financial Concepts

Definition

Peer-to-peer (P2P) lending, also known as "social lending," lets individuals lend and borrow money directly from each other. Just as eBay removes the middleman between buyers and sellers, P2P lending companies such as Prosper eliminate financial intermediaries like banks and credit unions. P2P lending boosts returns for individuals who supply capital and reduces interest rates for those who use it

In Panel Profits

In the Panel Profits market platform, Peer-to-Peer Lending Breaks Down Financial Borders applies standard financial concepts principles to comic assets and physical collections.

Common mistakes

Do not infer unobserved prices.