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Is P2P Lending Worth It's Weight In Gold?

From www.investorschronicle.co.uk -

The P2P industry has benefited from the anti-bank sentiment - stirred up by a slew of government bailouts and years of rock-bottom interest rates that have turned investors off traditional savings accounts.

And the model carries distinct advantages: providers avoid the costs of a traditional bank branch network and aren't liable if borrowers default on loans.


Editor’s Note: It really isn't a surprise to many, I started investing with Lending Club in 2009 when hardly anyone knew what peer to peer lending was. And because companies like Lending Club and Prosper are making getting a loan much easier, it's also becoming easier to find ripe investment opportunities.

Admittedly, I didn't have great returns initially, but I knew the opportunity was great and continued to learn the ins and outs of peer to peer lending. Without any hyperbole, I can honestly say that p2p lending investments are as good as gold for anyone who understands how to choose good loans to invest in. Here are our article highlights:

  • The American consumer credit market alone is worth $3 trillion and peer to peer lending still has only a small share in the market right now.
  • The peer to peer industry has benefited from the anti-bank sentiment - stirred up by a slew of government bailouts and years of rock-bottom interest rates that have turned investors off traditional savings accounts.
  • By cutting out the banks, P2P lenders like Prosper and Lending Club aim to speed up and reduce the costs of borrowing and boost returns to lenders.

(Go to full article)



Peer to Peer Lending and Private Lending Info