Acting as a broker between lenders and borrowers , peer-to-peer lenders say they can offer a better rate to both sides . China is home to the biggest rise in peer-to-peer lending . One company claims to be growing at a massive 20 % each month . Comment:
Acting as a broker between lenders and borrowers , peer-to-peer lenders say they can offer a better rate to both sides . China is home to the biggest rise in peer-to-peer lending . One company claims to be growing at a massive 20 % each month . In the US , P2P groups such as LendingClub and Prosper allow borrowers to apply for loans of as much as US $ 35,000 .