Question: Prosper.com is an online peer to peer lending website with the characteristics listed below. Which of these characteristics below are different from Kiva.org? Select all
Prosper.com is an online peer to peer lending website with the characteristics listed below. Which of these characteristics below are different from Kiva.org? Select all that apply.
| a. | Individuals who post loans to receive funding on the website pay interest to individuals who make loans on the website | |
| b. | Individuals who make loans on the website receive loan interest | |
| c. | Individuals who make loans on the website are provided with a list of loan descriptions to decide what loan to make | |
| d. | The web platform is a registered financial institution |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
