In line with the P2P Finance Association (P2PFA), there was clearly a 90% escalation in the amount of Uk companies making use of peer-to-peer loan providers in 2014, with an overall total of ВЈ1.2bn lent.
In easy terms peer-to-peer is lending in one individual to a different. There are certain British providers to simply help facilitate these deals and offer a most advanced degree of safety to both loan providers and borrowers.
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