P2P Credit offers personal loan access up to $40,000. P2P personal loans are offered directly to individuals without the intermediation of a bank or traditional financial institution. Online P2P Personal Lending and P2P Personal Loan sites are currently allowing people to connect with one another to get loans, online - with real money and in real time.
Loans can be made between individual users (or between large numbers of lenders making a loan to one borrower). The lack of a bank, with its high overhead, skimming off the transaction, allows P2P Credit to offer access to providers of lower, fixed rate loans and cleaner fee structures than traditional financing products.
A variety of different types of loans can be made through online P2P credit providers: For example, green loans for environmentally conscious purposes, or intra-military loans for those who wish to support members of a particular branch of service by making a military loan. It's even possible to consolidate your existing credit card debts into a consolidation loan - all with P2P Credit. For further information and answers to any additional questions about P2P Credit please view our FAQ.