{"id":3834,"date":"2020-02-20T07:28:07","date_gmt":"2020-02-20T07:28:07","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=3834"},"modified":"2021-04-26T17:02:05","modified_gmt":"2021-04-26T11:32:05","slug":"peer-to-peer-lending-in-india","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/peer-to-peer-lending-in-india\/","title":{"rendered":"Peer to Peer Lending; Easy Lending Online Platform for Borrowers"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Peer to Peer\nlending provides an alternative to the borrower to taking out a traditional\nloan from a bank. This is a kind of lending online platform where loans can be\nraised and paid back along with a prescribed rate of interest, usually lower\ninterest rates. Here, the borrower can be either an individual or can be a\nlegal entity.&nbsp; <\/p>\n\n\n\n<p>RBI is the\nregulatory authority for P2P lending companies. Peer to Peer lending is a\nsystem of lending and borrowing without involving any bank or any other\nfinancial institution lender. <\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/peer-to-peer-lending-in-india\/#What_is_Peer_to_Peer_Lending\" >What is Peer to Peer\nLending?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/peer-to-peer-lending-in-india\/#Features_of_Peer_to_Peer_Lending\" >Features of Peer to Peer Lending<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/peer-to-peer-lending-in-india\/#_Forms_of_Peer_to_Peer_Lending\" >&nbsp;Forms of Peer to Peer Lending<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/peer-to-peer-lending-in-india\/#Benefits_of_Peer_to_Peer_Lending\" >Benefits of Peer to Peer Lending<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/peer-to-peer-lending-in-india\/#What_is_the_Funding_Process_under_P2P_Lending\" >What is\nthe Funding Process under P2P Lending?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/corpbiz.io\/learning\/peer-to-peer-lending-in-india\/#How_does_peer-to-peer_lending_work\" >How does peer-to-peer\nlending work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/corpbiz.io\/learning\/peer-to-peer-lending-in-india\/#What_are_the_advantages_and_disadvantages_of_peer-to-peer_lending\" >What are the advantages and\ndisadvantages of peer-to-peer lending?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/corpbiz.io\/learning\/peer-to-peer-lending-in-india\/#Here_are_a_few_disadvantages_of_P2P_lending\" >Here are a few disadvantages of P2P lending;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/corpbiz.io\/learning\/peer-to-peer-lending-in-india\/#What_are_the_types_of_P2P_Lending\" >What are the types of P2P\nLending?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/corpbiz.io\/learning\/peer-to-peer-lending-in-india\/#What_is_it_Safe_to_Borrow_with_P2P\" >What is it Safe to Borrow with P2P?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/corpbiz.io\/learning\/peer-to-peer-lending-in-india\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Peer_to_Peer_Lending\"><\/span>What is Peer to Peer\nLending?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Peer to Peer lending, a technology-driven system, which is a much easier lending platform as compare to Banks and non- banking Financial Companies (<a href=\"https:\/\/corpbiz.io\/nbfc-registration\"><strong>NBFC<\/strong><\/a>). P2P lending offers borrowers an easy solution to borrow money for short term requirement. The short term requirement could be for buying consumer electronics; medical emergency repays credit card dues or business loan.<\/p>\n\n\n\n<ul><li>It&#8217;s a form of crowd funding used to raise loan for people\nwho need to borrow, from those people who are interested in investing their\nmoney.<\/li><li>It\nempowers individuals or nay legal entity to borrow or lend money without any\nbank or financial institution engaged in the lending process, as a negotiator.<\/li><li>P2P\nlending also extends credit borrower, who was unable to get it through\ntraditional financial institutions.<\/li><li>At\nsuch a platform, both lender and borrower seek benefits. Saver gets higher\ninterest by lending out their money instead of saving it, and for the borrower,\nit&#8217;s easy for them to get funds at the comparatively low-interest rate.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Features_of_Peer_to_Peer_Lending\"><\/span>Features of Peer to Peer Lending <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><em><strong>The following characteristics are discussed to define a Peer to Peer lending Platform: <\/strong><\/em><\/p>\n\n\n\n<ul><li>Peer to peer is a complete online portal that connects the borrowers with the lenders. <\/li><li>At this platform, there is no such requirement of developing relationship between lender and borrower before lending and borrowing process.&nbsp; <\/li><li>One of the best features of P2P lending is that there is no involvement of financial Institutions or an intermediary between borrower and the lender throughout the process.<\/li><li>Further, the borrower and lender have their own terms and conditions, having the flexibility to make a choice of borrowing and investments, respectively.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"_Forms_of_Peer_to_Peer_Lending\"><\/span>&nbsp;Forms of Peer to Peer Lending<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Student Loans;<\/li><li>Secured Business Loans;<\/li><li>Commercial and Real Estate Loans;<\/li><li>Crowd Lending, i.e. they are the unsecured personal loans\nthey are generally offered to individual, company or charity.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Benefits_of_Peer_to_Peer_Lending\"><\/span>Benefits of Peer to Peer Lending <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>P2P\nloans aren\u2019t always better options than loans from traditional banks and\nfinancial institutions, but they are typically competitive.<\/p>\n\n\n\n<p><strong>Low Interest Rates:<\/strong>&nbsp;<\/p>\n\n\n\n<p>An\nindividual can generally borrow from P2P lending platform and that too on low\nrate. The low interest rate makes P2P borrowing a better deal as compared to\nbanks and credit cards. But comparing the interest rates is always a worth\nsince individual should pay attention towards the promotional rates along with\ndetermining whether you can pay off the debt quickly or not.<\/p>\n\n\n\n<p><strong>Origination fees:<\/strong>&nbsp;<\/p>\n\n\n\n<p>There\nis an originated fee varying from 1 to 5 percent to fund the loan with the P2P\nlender. This originated fee depends upon the loan amount borrower have applied\nfor. As compared to banks, the fee banks charges is higher than an originated\nfee of P2P Lending.<\/p>\n\n\n\n<p><strong>Quick and easy:<\/strong>&nbsp;<\/p>\n\n\n\n<p>Getting\nyour loan approved is pain and risky. After applying for a loan through banks,\na borrower has to wait for the approval. Besides this, such waiting pain is\neased. The process is quite simple and quick, and often borrower can find out\nwhether his\/her loan is getting approval or not.&nbsp; Furthermore, actual funding can take a long\ntime, as an investor needs to choose whether he wants to put money towards\nborrower&#8217;s loan or not.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Able to access lower rates<\/h3>\n\n\n\n<p>Peer to Peer lending offers loan to borrower at a very low interest\nrate, if compared to traditional lenders like banks. This happens as investors\nare providing money directly to borrowers through a P2P platform, which often\nallows both parties to benefit from more favourable rates.<\/p>\n\n\n\n<p><em><strong>Another option for a loan to traditional lenders<\/strong><\/em><\/p>\n\n\n\n<p>Borrowers those are looking for an alternative\noption to traditional banks a peer-to-peer loan provides a great alternative.P2P\nplatforms now a accomplish an important role for those looking towards\nalternative finance for some of their many financial needs. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Funding_Process_under_P2P_Lending\"><\/span><strong>What is\nthe Funding Process under P2P Lending?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>Via following modes Peer to Peer lending can be processed;<\/em><\/strong><\/p>\n\n\n\n<p><strong>Auction<\/strong><\/p>\n\n\n\n<p>Under this mode, the lenders shall compete with each other to\nfund the loan requirements of the borrower through offering loan at comparatively\nat low rates on interest. The borrower can then choose the lender who fulfills\nhis\/her loan requirements completely. Here at this platform, borrower can also\nborrow more than one loan from different lenders depending on the amount of the\nloan and the rate of interest.<\/p>\n\n\n\n<p><strong>Fixed Rate Auction<\/strong><\/p>\n\n\n\n<p>Fixed Rate Auction, as a name by itself suggests, the loan\namount has to be funded by the lender while the rate of interest remains fixed.\nThis method is known to be one of the convenient methods for lender.<\/p>\n\n\n\n<p><strong>Marketplace Model<\/strong><\/p>\n\n\n\n<p>Under this method, borrower underwrites the loan requirement.\nOnce the loan amount has been mentioned, loan ID will be generated, and the\nsame will be shared the lender also. If the requirement suits to the lender he\nfurther can lend loan to the borrower.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_does_peer-to-peer_lending_work\"><\/span>How does peer-to-peer\nlending work?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The process of Peer-to-peer lending is fairly\nstraightforward. All the transactions take place through an online platform.<\/p>\n\n\n\n<p><strong><em>Below mentioned steps below describe P2P lending process<\/em><\/strong>:<\/p>\n\n\n\n<ul><li>A potential borrower willing to obtain loan from P2P\nplatform completes an online application on the peer-to-peer lending platform.<\/li><li>After assessing the loan application, along with\ndetermining the risk and credit rating of the borrower, interest rate will be\nassigned to the borrower.&nbsp; <\/li><li>Once the application gets the approval, the borrower\nreceives the options available to him based in his credit rating through\ninvestors. <\/li><li>Now, borrower can evaluate the available options and can\nchoose anyone from them.<\/li><li>Borrower becomes responsible for paying regular payment\n(mostly monthly), interest payments.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_advantages_and_disadvantages_of_peer-to-peer_lending\"><\/span>What are the advantages and\ndisadvantages of peer-to-peer lending?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>There are significant advantages to both borrowers and\nlenders:<\/em><\/strong><\/p>\n\n\n\n<p><strong>Gives high returns to the investors, as compared to other investments;<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/corpbiz.io\/peer-to-peer-lending-license\"><strong>Peer to Peer lending license<\/strong><\/a> provides higher returns to the investors, relatively if invested in any other type of investment.<\/p>\n\n\n\n<p><strong>An\neasy source of funding:<\/strong>&nbsp;<strong><\/strong><\/p>\n\n\n\n<p>Peer to Peer lending is the more accessible\nsource of funding than other traditional loans from banks or any other\nfinancial institution. The reason behind this is by the low credit rating of\nthe borrower. <\/p>\n\n\n\n<p><strong>Lower\ninterest rates:<\/strong>&nbsp;<\/p>\n\n\n\n<p>At P2P platform, interest rates are usually low, because of the great competition between the lenders available in market, along with this it offers a lower originated fee.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/nbfc-license-from-rbi\/\">Is it Necessary for the Companies Dealing in Financial Activities to Obtain an NBFC License from RBI?<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Here_are_a_few_disadvantages_of_P2P_lending\"><\/span>Here are a few disadvantages of P2P lending;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Credit risk:<\/strong><\/p>\n\n\n\n<p><strong>One\nof the<\/strong> biggest disadvantages of peer to peer loan is the default on the\npart of borrower. Many borrowers who were not eligible for the loan from\ntraditional way, applies from P2P lending platform. Here, in such a scenario a lender should be aware of the default\nprobability.<\/p>\n\n\n\n<p><strong>No\ninsurance\/government protection:<\/strong><\/p>\n\n\n\n<p><strong>At\nthis platform, government does not provide any protection or insurance to\nlender, if the borrower commits any default. <\/strong><\/p>\n\n\n\n<p><strong>Legislation:<\/strong>&nbsp;<\/p>\n\n\n\n<p>At some places, Peer to Peer lending is not allowed;\nelse if any company still wishes to provide lending service needs to comply\nwith the investment. So, this can be possible that peer-to-peer lending may not\nbe available to some borrowers or lenders.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_types_of_P2P_Lending\"><\/span>What are the types of P2P\nLending?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><em><strong>Following mentioned are the principal types of P2P lending;<\/strong><\/em><\/p>\n\n\n\n<p><strong>1.<\/strong> <strong>Consumer Lending<\/strong><\/p>\n\n\n\n<ul><li>Where the P2P lending industry commenced ;<\/li><li>Small, unsecured loans to borrowers; <\/li><\/ul>\n\n\n\n<p><strong><em> &nbsp;Mostly used for;<\/em><\/strong><\/p>\n\n\n\n<ul><li>Funding purchases, for example, weddings, cars, holidays or home essentials;<\/li><li>Debt consolidation from other more expensive forms of credit, such as credit cards<\/li><\/ul>\n\n\n\n<p><strong>2. Property Lending<\/strong><\/p>\n\n\n\n<ul><li>Loans to Limited Companies or individuals<\/li><li>All loans are secured by a 1<sup>st<\/sup>&nbsp;legal charge over a residential or commercial property, which is registered at the land registry<\/li><li>If the borrower fails to repay, the platform can repossess and sell the property in order to redeem the loan<\/li><li>This is, therefore, a less risky alternative to lending to a consumer or <strong>SME business<\/strong><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Small_and_medium-sized_enterprises\">[1]<\/a><\/sup><strong> <\/strong>with no bricks &amp; mortar security<\/li><li> Platforms use third party professionals to value the property and to ensure clear title over the property <\/li><\/ul>\n\n\n\n<p><strong>3.<\/strong> <strong>SME Business Lending<\/strong><\/p>\n\n\n\n<ul><li>Small loans to trading Limited Companies;<\/li><li>Loans can be unsecured or secured against a Company\u2019s assets or personal guarantee from shareholders or directors;<\/li><li>The risk with lending to SMEs is that the company could go into bankruptcy<\/li><li>Most frequently used for:<ul><li>Working capital;<\/li><\/ul><ul><li>Business expansion;<\/li><\/ul><ul><li>Asset finance.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_it_Safe_to_Borrow_with_P2P\"><\/span>What is it Safe to Borrow with P2P?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><em><strong>P2P lending is a safe platform, and consumer friendly;<\/strong><\/em><\/p>\n\n\n\n<ul><li><strong>&nbsp;Consumer Data:<\/strong>&nbsp;Most of the popular Peer to Peer lender keeps consumer\ndata secured, just like any other financial institution. All the communications\ntake place through a secured browser session.<\/li><li><strong>Privacy Policy:<\/strong>&nbsp; Usually, the identity of lender and borrower should be\nkept confidential. But it\u2019s always a wise decision to review privacy policies\nto understand what information investors receive. Institutions might have right\nshare information for loan processing.<\/li><li><strong>&nbsp;Interest Rates:<\/strong>&nbsp;On this platform, interest rates are quite competitive\nwith what can be found elsewhere. <\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Peer\nto Peer lending is an innovation to traditional financial loan being followed\nfrom such a long time. &nbsp;If the procedures\nbetween P2P lending and bank loan is compared, we can conclude that;<\/p>\n\n\n\n<ul><li>The\nprocedure in P2P lending is more transparent and frequent. It offers more\nprivilege to user in choosing the lending manner and lending objects. <\/li><\/ul>\n\n\n\n<ul><li>P2P lending uses different credit auction method, different from conventional loan method. It depends upon the information available on online platform. <\/li><li>One drawback is that loan management is not good at P2P lending. As it does not follow the traditional method to disburse loan, and does not track the post \u2013 loan information on borrowers.<\/li><\/ul>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/procedure-of-nbfc-registration-in-india\/\">\nNBFC Registration \u2013 Know the Entire Incorporation Procedure\n <\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peer to Peer lending provides an alternative to the borrower to taking out a traditional loan from a bank. This is a kind of lending online platform where loans can be raised and paid back along with a prescribed rate of interest, usually lower interest rates. Here, the borrower can be either an individual or [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":3835,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[91,1115],"tags":[345],"acf":{"service_id":"99"},"authorName":"Shailza Sharma","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2019\/10\/IMG-20190927-WA0001-150x150-22.jpg","authorDescription":"Miss Shailza Sharma, BA. LLB graduate from Himachal Pradesh University. She holds an experience of 2.5 years in various Legal companies and organizations.","postViews":8469,"readingTime":6,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/3834"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=3834"}],"version-history":[{"count":14,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/3834\/revisions"}],"predecessor-version":[{"id":29408,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/3834\/revisions\/29408"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/3835"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=3834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=3834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=3834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}