P2P lending works as the much-needed mechanism through which people who want to give loans connect with those who require money. The borrowers pay interest, and the investors/lenders earn interest. Since the transaction directly takes place between the two parties through a website or application, it eliminates the need for financial institutions like banks to act as the middleman.

P2P lending is done through a website that connects borrowers and lenders directly. Those who want to lend money, open an account with a P2P platform like Liquiloans as a lender. And those who require a loan register themselves as a borrower. These platforms then evaluate borrowers on various aspects. They don't limit their evaluation to just credit scores. They perform their checks, including the borrower's employment, income, credit history, etc.

Liquiloans diversify your funds in multiple loans to Mitigate Risk and Get Safe Returns. You can start investing with just Rs 10,000 and opt any of the investment option available at the time of investment.