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The annals of peer to peer financing platforms Peer-to-peer financing is just a decentralized kind of financing. There’s two business that is major upon which P2P platforms work: 1. People (loan providers, investors) hand out loans to many other individuals (borrowers) 2. businesses (originators) grant loans for their users (borrowers) for which other users (investors)
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As customer team proposes cash advance reform, advocates weigh in The customer Financial Protection Bureau held a hearing Thursday in Kansas City to talk about the loan that is payday, and bureau manager Richard Cordray announced proposed reforms built to protect customers from loans he said become “debt traps.” While Cordray’s agency does not have