Peer to Peer Credits – A short Introduction

left: the word "bank" and stick figures interacting through a single node. right: text "peer to peer credits" and stick figures interacting directly
comparison of lending via a bank and peer-to-peer lending

Peer to peer credits are a special kind of loans: You lend money to other people and these people pay back more than you lent them (you get returns).

The principle is the same as in a bank account: You lend money to the bank and the bank offers returns.

The difference is, in peer-to-peer credits you lend money to other people, not to an institution, you are at the same level as the person receiving the money.

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How do Peer to Peer Credits work?

The innovation in peer-to-peer-lending is Continue reading Peer to Peer Credits – A short Introduction