Whois & Analysis for lendingclub.com

Peer-to-peer lending, sometimes abbreviated P2P lending, is the practice of lending money to individuals or businesses through online services that match lenders with borrowers.

Since peer-to-peer lending companies offering these services generally operate online, they can run with lower overhead and provide the service more cheaply than traditional financial institutions.

As a result, lenders can earn higher returns compared to savings and investment products offered by banks, while borrowers can borrow money at lower interest rates, even after the P2P lending company has taken a fee for providing the match-making platform and credit checking the borrower.

there is the risk of the borrower defaulting on the loans taken out from peer-lending websites.

In finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a lien on specific assets of the borrower in the case of a bankruptcy or liquidation or failure to meet the terms for repayment.

Refinancing may refer to the replacement of an existing debt obligation with another debt obligation under different terms.

The terms and conditions of refinancing may vary widely by country, province, or state, based on several economic factors such as, inherent risk, projected risk, political stability of a nation, currency stability, banking regulations, borrower's credit worthiness, and credit rating of a nation.

In many industrialized nations, a common form of refinancing is for a place of primary residency mortgage.

A debt generally refers to money owed by one party, the borrower or debtor, to a second party, the lender or creditor.

The borrower or debtor may be a sovereign state or country, local government, company, or an individual.

The lender or creditor may be a bank, credit card company, payday loan provider, or an individual.

Debt is generally subject to contractual terms regarding the amount and timing of repayments of principal and interest.

The term can also be used metaphorically to cover moral obligations and other interactions not based on economic value.

For example, in Western cultures, a person who has been helped by a second person is sometimes said to owe a "debt of gratitude" to the second person.

Finance is a field that deals with the study of investments.

It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainty and risk.

Finance can also be defined as the science of money management.

Finance aims to price assets based on their risk level and their expected rate of return.

Finance can be broken into three different sub-categories: public finance, corporate finance and personal finance.