ITALY PRIVATE LOAN
In Italy, private borrowing has recently emerged as being a smart financing option offered by an Italian private lender but also a private investor to respond to the financial needs of an Italian borrower who is not happy with the Italian banks.
In Italy, a private loan is important as being a traditional financing instruments for Italian indviduals but also Italian entrepreneurs who are facing a financial emergency.
In Italy, private financing has been recently regulated and is granted through Italian peer-to-peer lending platforms or simply through Italian private lenders in the internet.
In Italy, privat lending despite its positive development has a flip side as several frauds and scams are using this new financing way to obtain upfront fees from borrowers who at the end won't see any loan.