Peer-to-Peer Lending Market: Upcoming massive opportunities Over Worldwide Regions


Posted September 30, 2021 by Amruta57

The global Peer-to-Peer Lending Market was accounted for US$ 124.9 Billion in terms of value in 2019 and is expected to grow at CAGR of 48.2% for the period 2019-2027

 
P2P lending offers both secured and unsecured loans. However, most of the loans in P2P lending are unsecured personal loans. Secured loans are rare for the industry and are usually backed by luxury goods. Due to some unique characteristics, peer-to-peer lending is considered as an alternative source of financing. Some peer-to-peer marketplaces allow borrowers to have credit scores as low as 600. This is good news if you don’t have great credit or much credit at all — and can’t find a loan through other means.

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Categories Automotive , Computers , Research
Tags peertopeer , peertopeer lending , peertopeer lending industry , peertopeer lending market , peertopeer market
Last Updated September 30, 2021