Peerto-peer lending can be a lucrative way to generate passive income from "summary" of Passive Income, Aggressive Retirement by Rachel Richards
Peer-to-peer lending is a modern twist on the age-old concept of lending money to others in exchange for interest payments. Platforms like LendingClub and Prosper allow everyday individuals like you and me to lend money directly to other individuals or small businesses in need of a loan. By cutting out the middleman (i.
e., traditional banks), both borrowers and lenders can potentially benefit from better interest rates.
As a lender in the peer-to-peer lending space, you have the opportunity to earn passive income by collecting interest payments on the loans you've funded. The potential returns can be quite lucrative, especial...
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