Person-to-Person Lending (PPL)

Download or read book Person-to-Person Lending (PPL) written by Mathew J. Scire and published by DIANE Publishing. This book was released on 2011-10 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, Internet-based platforms have emerged that allow individuals to lend money to other individuals in what has become known as PPL. These online platforms present a new source of credit for borrowers and a potential investment opportunity for those with capital to lend. Both for-profit and non-profit options exist, allowing for income-generating and philanthropic lending to a variety of groups around the world. This report addresses: (1) how the major PPL platforms operate and how lenders and borrowers use them; (2) the key benefits and risks to borrowers and lenders and the current system for overseeing these risks; and (3) the advantages and disadvantages of the current and alternative regulatory approaches. Illus. A print on demand report.