I'm wondering about the amount of money required to start peer-to-peer lending. I want to know how much funds are necessary to enter this type of lending.
7 answers
Nicolo
Sun Dec 01 2024
To engage in peer-to-peer lending, certain qualifications must be met.
Giuseppe
Sun Dec 01 2024
One of the main requirements is residing in a state that permits peer-to-peer lending activities.
CryptoAlchemist
Sun Dec 01 2024
Additionally, individuals must possess a verified income that meets specific criteria.
Leonardo
Sun Dec 01 2024
In various states, the minimum income level required for peer-to-peer lending is typically $70,000 annually.
Riccardo
Sat Nov 30 2024
This threshold ensures that participants have a stable financial background.