Peer-to-Peer lending or P2P lending is the lending of money by individuals - or peers like you and I, to individuals - without having to go through the traditional financial intermediary such as a bank or other financial institution. The basic structure of a Peer-to-Peer (P2P) loan is an unsecured personal loan made from a lender to a borrower, and facilitated by a P2P lending platform like PeerLend. P2P lending provides a new uncorrelated asset class for lenders and helps borrowers get quick hand loans at better interest rates.