This site is now an "Amazon Associate", we earn from qualifying purchases.

The Average Joe Will Know About P2P Lending In 2015

money chaseFrom www.moneysavingexpert.com -

I suspect about a year ago most people hadn't heard of Peer-to-Peer (P2P) lending; come 2015 they will definitely be hearing about it a lot more.

The year 2014 has been a significant year for our sector. In April, we became fully regulated by the Financial Conduct Authority and in his spring Budget Chancellor George Osborne announced that he would start a consultation into the future inclusion of P2P loans in the ISA wrapper.


Editor’s Note: This is almost an unstoppable truth, the everyday person will soon be as aware of peer-to-peer lending as they are of the banks, we're not sure if 2015 will be the year that this happens but it won't be long.

The banks have become more and more close-fisted with loans and people are looking for alternatives like p2p lending. The exciting thing is that the ball is just now getting rolling and the future is bright for loan seekers who were once shut out. Here are our article highlights:

  • The Peer-to-Peer lending platform is the single largest sector of alternative finance.
  • If you don't know much about Peer-to-Peer lending we have provided a p2p Lending guide
  • Inclusion in the ISA(Individual Savings Accounts) wrapper not only brings a huge opportunity for the industry, but introduces a new option for those who want invest their cash tax-free.

(Go to full article)



Peer to Peer Lending and Private Lending Info