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P2P Lending is popular not only in Australia but around the world.
Borrowers defaulting is one of the biggest risks with P2P lending but, thankfully, reputable companies plan for this outcome. The major P2P lending platforms make an effort to be transparent, either giving each borrower a risk rating or factoring ‘bad debt’ (i.e. borrowers who might not pay) into your projected return.
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- This reply was modified 9 months, 4 weeks ago by Paul - FS Concierge.