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Frequently Asked Questions About Ruulio
What Services Does Ruulio Offer?
Ruulio wants to dectralize lending by giving you a hub where you can access all of the different financial programs you may need without having to speak to the thousands of individual lenders yourself
What does Peer 2 Peer lending mean?
Peer-to-Peer (p2p) lending is the method of loaning money to individuals or businesses through online services that match lenders with borrowers. It involves debt financing that enables individuals to borrow and lend money — without the use of an intermediary.
How To Get Started With Ruulio?
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Are other people using peer 2 peer platforms?
Today, P2P platforms are among the fastest growing segments in the financial services space. Peer-to-Peer volumes have become so large and have grown at such a fast rate that large financial institutions are taking notice and considering entering the P2P lending market, either through investing in or collaborating with these marketplaces. Recently, a report by Cambridge University in collaboration with KPMG placed P2P consumer lending at about $367 million in 2015 (making it the largest market segment of alternative finance), and placed P2P business lending at about $213 million (ranking second in the same segment).
What Values does Ruulio have?
Ruulio is based on the idea that when you speak with a banker they should be motivated to provide the best programs and products for consumers while having the ability to offer that size of variety and options.