Peer-to-peer lending is an alternative to standard bank loans and investments. The idea is simple: A P2P platform like PeerCredit directly connects individual lenders with borrowers, bypassing banks and financial institutions and their costly fees. Instead of maintaining expensive branches and numerous employees, we operate online. This means that everyone gets a better rate - investors receive higher returns, and borrowers get cheaper loans.
The process is easy and fast. Lenders place their money with the platform and the money is automatically invested in borrower loans. The P2P lending platform ensures the smooth running of the entire process and handles all legal matters.
At PeerCredit, we believe that through P2P lending you can support your community. We are offering our customers solutions for borrowing and lending with friends, family members or acquaintances. Learn more about PeerCredit Friend Loans >>