How is peer to peer different from traditional bank ?

[MalinigulzarParticipant]

What is the main difference of the process of loan taken from traditional bank from that of peer to peer bank

[SnehaAroraParticipant]

See the process in peer to peer loan is very simple than that of traditional bank. P2P loans do not require documents. But, I would suggest it is wise that you take low amount of fees an rate of interest.

[LalremaParticipant]

Peer to peer loan is an easy process although but you need to have trust on your lender as well as faithful while repayment.