Will Peer-to-Peer Lending Revolutionize Banking?



Comments (4)

  1. S,K,LIMAYE says:

    Very interesting article !

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  2. George1978 says:

    pretty interesting article! And what do you think about Bitcoin? I think Bitcoin is definitely financial services breakthrough. I am pretty sure that 2015 will be the year of p2p lending, but I would even say that it will be the year of p2p lending with cryptocurrencies. There are even startups like bitbond that are already replacing banks. It enables cross-border lending and allows to earn higher interest rates than what your bank pays.This was not feasible before bitcoin came up. Now we are able to get an affordable loan even we you don’t have a bank account.

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  3. Donny10 says:

    What are the State and Federal Tax requirements on the earned income developed through P2P transactions ? Thanks for the good article.

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  4. Emmanuel says:

    Excellent write-up of this nascent industry.

    Please keep in mind that they are solutions helping INDIVIDUAL investors deploy capital, and providing sophisticated credit models to help them select the most attractive loans as well. (disclaimer: my company is one of them!)

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