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2015 | OriginalPaper | Chapter

1. Introduction to Online Lending

Authors : Jiazhuo G. Wang, Hongwei Xu, Jun Ma

Published in: Financing the Underfinanced

Publisher: Springer Berlin Heidelberg

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Abstract

Online lending—also known as peer-to-peer lending, person-to-person lending, peer-to-peer investing, social lending or P2P lending—is generally defined as the practice of lending funds to unrelated individuals (‘peers’) without going through a traditional financial intermediary such as a commercial bank. This lending takes place online through various lending platforms and credit checking tools developed to P2P lending companies.

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next chapter A Statistical Analyses of the Online Lending Industry

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Title: Introduction to Online Lending
Authors: Jiazhuo G. Wang
Hongwei Xu
Jun Ma
Publisher: Springer Berlin Heidelberg
Book: Financing the Underfinanced
Print ISBN: 978-3-662-46524-0

Electronic ISBN: 978-3-662-46525-7

Copyright Year: 2015
DOI: https://doi.org/10.1007/978-3-662-46525-7_1