Risks of Peer-to-Peer Lending

While peer-to-peer lending can be lucrative in generating passive income, it is important to know the risks involved. Here are some of the key risks associated with peer-to-peer lending: Default Risk One of the main risks of peer-to-peer lending is the potential for borrowers to default on their loans. Despite thorough screening processes, there is always a chance that borrowers may need help repaying their loans, which can result in a loss of principal for […]