Peer-to-Peer Lenders Struggle to Compete wit…

Peer-to-Peer (p2p) lenders such as Social Finance (SoFi), Prosper, and LendingClub have been around for over a decade by now. They offer a new way to lend money, not via standard bank deposits, but as loans from other peers. And such they don't require the same regulatory overhead as brick and mortar banks.

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