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Peer-to-peer loans involve borrowing from individuals instead of banks or traditional lenders. They can offer lower interest rates and more flexible repayment terms, but borrowers should be aware of potential risks such as fraud and the lack of regulatory oversight.
Greetings! Peer-to-peer loans involve borrowing from individuals rather than from banks or traditional lenders. They may offer lower interest rates and more flexible repayment terms, but borrowers should be aware of potential risks such as fraud and lack of regulatory oversight. Go to spflends com to delve deeper into this topic.