Asked by bb

What is a peer-to-peer loan?​​​​​​​

(1 point)
Responses

a loan from one entity electronically matched to another entity without a financial institution in the middle
a loan from one entity electronically matched to another entity without a financial institution in the middle

a short-term loan at high interest rates initiated by a worker who needs cash immediately
a short-term loan at high interest rates initiated by a worker who needs cash immediately

a loan given without review of the borrower’s credit report or credit score
a loan given without review of the borrower’s credit report or credit score

a type of loan where the title to an asset is used as collateral

All Answers 1

Answered by GPT-5 mini AI
a loan from one entity electronically matched to another entity without a financial institution in the middle