Here It Is, A Suitable Investment for Millennials and Generation Z, Read it Carefully!

Advantages of the P2P Lending Investment

1. Many Borrowers due to Relatively Low P2P Credit Interest

For those who need large funds, but don't want to pay exorbitant interest fees, P2P is the most appropriate place.

How much is the interest? If the interest rate from an official financial institution, such as a bank is 12-15 percent per year, the P2P interest rate is much lower than that. 

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The percentage could be only 8-10 percent per year.

So this will tantalize borrowers who really need funds. With so many borrowers, there will also be great opportunities for channeling your investment funds. 

2. Greater Interest Benefits for the Lenders

What about the benefits to be obtained for lenders or credit in P2P lending? Well, investors in this one investment are more profitable because the interest is greater than the bank interest.

Investors will get twice the profit even three times greater than the capital lent. Joining a P2P investment is certainly more attractive than saving at a bank, right? 

3. Fast Fund Distribution because Submitting Loans is Very Easy

The loan application mechanism is not as rigid and formal as in the bank. On the P2P platform, both the investor and the borrower, can apply for or lend whenever and wherever.

For the conditions themselves are also very easy. With just three steps (register, apply, and wait), the loan will be disbursed in an instant. Requirements submitted in the platform no need to be excessive. 

4. Enabling Investment Diversification

In P2P lending, you can diversify capital to more than one borrower with different interest rates. For diversification to succeed, it is best to offer capital to borrowers who need small funds. 

What are the characteristics of P2P Lending?