In the unit 3 discussion board, the focus to learn more about the common credit score measures utilized by monetary establishments. For this task, we’ll transfer past the conventional lending mannequin and discover how expertise is enabling non-traditional monetary service fashions to take root. For this task, you may be discover the rising Peer to Peer lending setting and think about how social media and the Web are impacting the world of private finance . Your response must be at the very least 3 pages double-spaced and reply the following questions:
What’s peer to peer lending and the way is it completely different than conventional lending?
How do peer to peer companies and customers assess danger for a given mortgage?
Is peer to peer lending a rising market? If that’s the case, Why?
Pondering past peer to peer lending, what different methods has social media and the Web impacted how we procure and use monetary companies in our private lives?
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The objective of the unit 3 discussion board is to learn more about the mostly used credit score measures by monetary establishments. We’ll transcend the conventional lending mannequin on this task and have a look at how expertise is permitting non-traditional monetary service fashions to flourish. For this task, you may be discover the rising Peer to Peer lending setting and think about how social media and the Web are impacting the world of private finance . Your response must be at the very least 3 pages double-spaced and reply the following questions:
What’s peer to peer lending and the way is it completely different than conventional lending?
How do peer to peer companies and customers assess danger for a given mortgage?
Is peer to peer lending a rising market? If
