What is peer-to-peer (P2P) lending, and how does it work?|Banks and Other Financial Institutions|Forum on Investments and Cryptocurrency.|Allcryptoanswers

Peer-to-peer (P2P) lending is a financial model that connects borrowers and lenders directly through online platforms, without the involvement of traditional financial institutions. P2P lending can offer borrowers competitive interest rates and flexible terms, and can be an alternative funding source for people who have difficulty getting loans through other channels. However, P2P lending is not without risk, and your money is not protected by the government.