How P2P lending works?

What are groups?

Responsible people tend to stick together. When you join a responsible group with a good payment history, you get a good reputation by association, and lenders are more likely to offer good interest rates. But, belonging to a good group puts some pressure on you, too. If you stop making your loan payments, you'll not only tarnish your own reputation, but the group's as well. Here's how it works: