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The advent of the web introduced a brand new method of lending, shaping the landscape of the non-public loan industry. Rather than borrowers likely to lending institutions that supply private loans (as is done traditionally), borrowers can now go to on line economical company firms that match them up with lenders right. Virtually all these lenders are typical people with some more money to speculate. All the course of action is known as peer-to-peer lending, or abbreviated as P2P lending.