Hi. Well, the next few sessions cover what we used to call peer-to-peer lending. That name peer-to-peer lending is kind of falling out of use. What you'll hear more and more in its place is marketplace lending. That name change reflects the industry's pivot since it's early days, I'm going to say early days, I'm only talking about 2006. But back then when people talked about peer-to-peer lending, it was all about using the internet to take out the middleman. To take out the middle man, right? So the idea was that you have some people who for reasons coming up in their lives need to borrow some money right now. Others find themselves a little extra cash and so wouldn't it be nice if the people with little extra cash would loan to the people who need it. The goal of this peer-to-peer platform was just allow those people to find each other, find the terms on which they could transact with each other, and then process it going forward. Move the money in one direction and then when people can pay it back then move the money back. So that was sort of the idea. Use the Internet to match up people who are just naturally at this moment in their lives lenders or naturally borrowers. Okay. So that was the original idea. What's happened over the years and we'll talk about this, is that the platform has gone from that sort of passive role or you have just let people find each other to the a very active role of essentially making the real decision, making the real credit-granting decisions. So you have a potential borrower shows up with financial information. Now it's really the Internet platform itself that makes all the decision about whether that person gets money how much and on what terms, and the providers of funds really that's not the retail public anymore, now it's big institutional investors. So when people look at that they don't really think of it as peer-to-peer lending it's not really what's going on, so they've come to call it marketplace lending. So that's really the term that you'll see in the press. Okay. So first, I want to just cover the landscape of consumer credit. Just all the different kinds of consumer credit that are big parts of the economy. What are the kind of pinpoints you could call them in these different types of consumer credit and how those open up opportunities for the FinTech lenders for marketplace lending. So let's cover the landscape and then we'll talk about peer to peer lending. So what the original idea of it, how it worked, what came up, and then how it evolved to what we see now. There's going to be two flavors that we'll talk about. One is really aimed at helping people get out of their credit card debt to help them shift out of credit card debt into new debt that is going to be a little less onerous, and the other major piece of it is going to be student loans. Student loans we'll see some numbers in a moment here. Student loans have grown to be the kind of the big financial issue of our days and you'll see how FinTech has entered the student loan market with products that help people refinance their way out of the student loans and once again to something maybe with a slightly lower interest rate, though there's going to be a caveat there that we're going to want to focus on. Okay. Finally, I want to say just a few words about another aspect of marketplace lending which isn't loan lending to consumers, it's lending to small business with what we call merchant cash advances.