Practice - Peer-to-Peer (P2P) Lending
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Practice Questions
Test your understanding with targeted questions
What does P2P in P2P lending stand for?
💡 Hint: Think about the phrase describing the relationship between lenders and borrowers.
True or False: In P2P lending, banks play a direct role in the transaction.
💡 Hint: Consider who facilitates the borrowing process in P2P lending.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What type of loans does P2P lending typically involve?
💡 Hint: Think about the common type of loan people seek in P2P scenarios.
In P2P lending, risk-based interest rates are determined by which of the following?
💡 Hint: Remember how algorithms assess the borrower.
1 more question available
Challenge Problems
Push your limits with advanced challenges
A new P2P lending platform wishes to attract both lenders and borrowers. Design a strategy that addresses how it will assess the risk of borrowers and communicate this to potential lenders.
💡 Hint: Consider how existing platforms handle risk assessment and what systems they have in place.
Explore the ethical considerations surrounding P2P lending. What responsibilities do platforms have toward borrowers and lenders?
💡 Hint: Think about the duties these platforms have to both sides of the transaction.
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