Three Myths about Peer-to-Peer Loans
Federal Reserve Bank of Cleveland
April 21, 2020
Summary
This Economic Commentary publication investigates Peer-to-Peer (P2P) Loans as they relate to P2P borrowers, their credit behavior and their credit scores. The paper emphasizes the resemblance of P2P loans and predatory loans for segments of the consumer market and impact on consumers' finances.
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