Why More People Are Willing To Lend On Peer-To-Peer Platforms

Would you loan money to a stranger? The stories of those who have.

P2P Lending. (Source: BloombergQuint)
P2P Lending. (Source: BloombergQuint)
With interest rates dropping, Kishan, a product manager at a startup, decided to try out peer-to-peer lending. These platforms connect lenders and borrowers and often advertise returns in double digits depending on the amount of risk a lender is willing to take.Kishan, who did not want to disclose his full name for privacy reasons, decided to start with Rs 10,000."Most millennials like me anyway have no interest in fixed deposits", h...
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