Question: Peer to peer lending is a process by which peer lenders bear default risk in a way the do not normally with banks. lenders have

Peer to peer lending is a process by which
peer lenders bear default risk in a way the do not normally with banks.
lenders have reduced risk since there is a specialized analysis to ensure the quality of borrowers.
lenders and borrowers find each other through a financial intermediary such as a bank.
borrowers bear additional risk because of the platform used to match borrowers and lenders.

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