REBUILDING SOCIETY Review: Peer to Peer Lending
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Uploaded By: canythould43. Added on: 04 January 2020.
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Peer to peer lending is growing rapidly as many businesses seek to avoid the banks. By borrowing from people with a vested interest in the success of company, businesses are prepared to pay a little more to savers who want a better return on their savings. The businesses secure the loans against assets or personal guarantees so that in the event of a default there is some collateral to collect against.