How did the idea of P2P lending come up in general? Why do credit cards...

70.2K

Verified Solution

Question

Finance

  1. How did the idea of P2P lending come up in general? Why do credit cards have to charge high rates for short term? How do you compare P2P marketplace lenders to commercial banks? (P2P lending = peer to peer lending)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students