P2P, also known as Peer to Peer lending platform connects potential borrowers searching for loans with lenders willing to lend them money to earn a profit. These platforms, like banks, conduct credit checks of people who are seeking loans and, if they are eligible, list them on their websites. 

P2P Lending lets you create an independent bank. It provides a greater rate of interest than the lender and an interest rate that is lower for the borrowers. There are numerous internet P2P lending platforms that allow you can borrow or lend money quickly. You can also learn to invest as a private banker from The Home Bankers Club.

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There is no need to be able to endure the long procedure of requesting loans or have to wait for a long time to receive your loan. Now, it's instant. You can get approval within just a few hours, and the money is can be deposited in less than 24 hours. Being a lender, you enjoy many advantages. It is no longer necessary to keep your money in a savings account at low-interest rates.

Instead, you can loan via P2P lending platforms to receive up to 48% in return. Contrary to Mutual Funds, in P2P you will receive your principal and interest back each month. The returns can be invested as you get the EMI from the borrowers, which will boost your income.

It's a win-win scenario for borrowers too. Because banks are not associated with the loan process they are removed. Therefore, the borrower pays an interest rate that is lower and enjoys the latest technology and features.