What is P2P lending?

P2P lending (also known as peer-to-peer lending) is the act of lending money through a platform that matches lenders and borrowers.

For Upstart, these peer to peer loans are unsecured personal loans offered through our online platform. The way it works is lenders invest their principal to borrowers in the form of personal loans. In return, borrowers agree to pay back their loan principal with interest over the stipulated loan term, which is then returned back to the lender.

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