Ignorance of Peer-to-Peer Lending Abounds - Who Will Take Advantage?

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From www.growthbusiness.co.uk - ArchOver co-founder Brian Basham cited the 2008 recession as the main reason the UK public continue to be risk-averse with their money. “Crowdfunding is growing as a source of funds for small business but public ignorance and risk aversion is holding back much potential investment,” he said. “However, the willingness to invest increases markedly when crowdfunding is understood and with the added comfort that the loans are both secured and insured.”

 


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