How is my borrowing request matched?
Once you submit a borrowing request, it will be listed on the P2P lending platform for potential lenders to match. Your borrowing request will stay active until it is cancelled by you or if it remains unmatched during the current bidding period. The preference can be selected when submitting a lending offer.
Once your borrowing request is accepted by a lender, a legally binding contract is created based on the agreed terms.