Peer-to-peer (P2P) lending is an alternative to traditional personal loans. They are often easier to qualify for and offer faster funding than bank loans.

Popular sites for P2P lending include LendingClub, Prosper and Funding Circle. You’ll have to do your own research to figure out which of these popular platforms is the best match for your needs.

The global peer-to-peer (P2P) lending market was $188.1 billion in 2023, according to the International Market Analysis Research and Consulting Group, with most of the market working through a ...

Peer-to-peer lending is an accessible way to secure a loan, and it can easily be done online without a bank. Popular P2P lenders include Upstart and Prosper.

Peer-to-peer lending — aka person-to-person, P2P or social lending — anonymously matches up borrowers and lenders via an online platform using complex computer algorithms. Here are the basic ...

Key points Peer-to-peer loans are a type of personal loan funded by individuals instead of financial institutions. P2P lending platforms connect potential borrowers with investors and pre-vet them ...

TIME Stamp: Increased credit availability drives P2P lending growth. According to Acumen Research and Consulting, the global peer-to-peer lending market is projected to grow from $82.3 billion in ...

Yes, P2P lending is legal and regulated by the Securities and Exchange Commission in the U.S., though each state may have specific regulations, according to Bilbruck of Captjur.

Red flags in peer-to-peer lending for borrowers. Borrowers may find P2P lending a great option if they are short on cash, but there needs to be an increased vetting process before applying for a ...

Digital technologies have disrupted the established order created by traditional financial services. Among these disruptions is the rise of peer-to-peer (P2P) lending platforms, an offshoot of the ...