We depend on our refrigerators, stoves, washing machines, hot water heaters, air conditioners, microwaves and the rest to help us maintain our lifestyles. Whether we need to install new appliances or repair existing gadgets, the money spent generally falls into the category of sound investment..
Peer-To-Peer Lending (P2P) Peer-to-peer lending (P2P) is a method of debt financing that enables individuals to borrow and lend money - without the use of an official financial institution as an intermediary.
BREAKING DOWN 'Peer-To-Peer Lending (P2P)'. The advantage to the lenders is that the loans generate income in the form of interest, which can often exceed the amount interest that can be earned by traditional means (such as from saving accounts and CDs).