💨 Abstract

The article highlights benefits and risks of peer-to-peer lending. Key advantages include beyond-FICO credit evaluations, higher interest returns for investors by cutting out banks, and potential positive social impact. Notable platforms include Kiva (impact investing), Prosper (automated investing), Fundrise (real estate crowdfunding), and Groundfloor (real estate P2P). Investors should perform due diligence, diversify risks, and prepare for potential losses.

Courtesy: wtop.com