Peer to Peer Lending

Peer to Peer Lending (P2P): Understanding the Concept, Benefit, and Process

Peer to peer lending otherwise termed as Person to Person or P2P lending. It is an easier way to lean money, without the hassles like the banks. But this seems to not too familiar to everybody. So we will cover some few details enough to understand the whole idea.
Securing a loan from the bank is not easy, do you agree?