Peer to peer lending is one of those things in life while there have been versions of it around for years, its popularity has exploded thanks to the internet. I am getting more and more enquiries and comments about it, so I thought we’d have a good look at it today.
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In this session you will discover:
- How P2P lending works and how it is raining on the banks' parade
- The benefits and limitations of P2P
- The big news which will catapult P2P into the mainstream
- How you should move forward with incorporating P2P into your portfolio
- The considerations you should bear in mind when determining how much to invest
I think Peer to Peer lending is a great idea. I love the fact that technology makes it possible and that it is a disruptive idea which bypasses the banks and traditional notion of lending and saving. Like anything, understand what you’re getting into and start small…
For a full transcript of this week's show, click the stinking great blue button below…
Resources mentioned in this week's show
Video number 198 – Peer to Peer Lending
Which? page on peer to peer lending (follow links to reviews of the big three)
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I love to read and respond to your comments, so please do join in and share. Question: Will you invest in Peer to Peer lending arrangements, or have you already? What were your experiences?
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My thanks to JordanDavies 132 for his review this week!
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