IDEAS home Printed from https://ideas.repec.org/a/ris/joibac/0391.html
   My bibliography  Save this article

Online Peer-to-Peer Lending – A Literature Review

Author

Listed:
  • Bachmann, Alexander

    (Leuphana University)

  • Funk, Burkhardt

    (Leuphana University)

Abstract

The term online peer-to-peer lending (P2P) describes the loan origination process between private individuals on online platforms were financial institutions operate only as intermediates required by law. Initialized by groups in online social networks, first commercial online P2P lending platforms started in 2005. Thus online P2P lending is a relatively young research field. This paper gives a brief overview of the P2P lending market and reviews the research on the determinants of P2P lending. We distinguish between financial and demographic characteristics of the borrower, as well as social characteristics like friends and group affiliation. The reviewed literature gives insights on how the determinants affect the borrowers’ likelihood of successful funding, the final interest rate that has to be paid as well as the relationship of the borrowers’ characteristics and lending success.

Suggested Citation

  • Bachmann, Alexander & Funk, Burkhardt, 2011. "Online Peer-to-Peer Lending – A Literature Review," Journal of Internet Banking and Commerce, , vol. 16(2), pages 01-18, August.
    • Handle: RePEc:ris:joibac:0391
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Keywords

    Peer-to-Peer Lending; Literature Review; Determinants of Funding Success; Financial Characteristics; Demographic Characteristics; Group Intermediation;
    All these keywords.

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:joibac:0391. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dale Pinto (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.