Borrow Money Online (From Strangers)
Not only has the Internet made it possible for people to borrow money without physically approaching a financial institution but also to borrow from complete strangers. Typically, websites offering such services match persons who want to borrow money with individuals who want to lend it. The process in which borrowers request and lenders loan them money directly is commonly referred to as peer-to-peer lending. Indeed, there are significant risks. Several websites pose as legitimate platforms but their aim is to frisk persons of goodwill their money. However, a number of reputable websites (platforms) exist and borrowers can request loans from lenders without worrying of getting to the wrong hands while lenders can lend comfortably knowing at least the platform they are using is legitimate. The following is a list of legitimate organizations or websites where people can borrow money or lend their money online:
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