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Sagot :
Final answer:
Peer-to-peer lending is an internet-driven process connecting individual lenders and borrowers directly, reducing transaction costs.
Explanation:
Peer-to-peer lending is a bank-free, internet-driven process where individual lenders fund loan requests of borrowers directly. Examples of peer-to-peer lending platforms include Zopa.com and Prosper.com. This method reduces transaction costs by electronically matching borrowers and lenders.
Learn more about Peer-to-peer lending here:
https://brainly.com/question/22282617
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