What is peer to peer lending and how does it work?

What is peer to peer lending?

I thought it would be a good idea to make one of my opening blog posts about the whole idea of peer to peer lending. When I first heard about P2P I did not have a clue what it was really about of how to go about getting into it, so i headed off to Google to do a shed load of reading. In the end I found that there was just to much information floating around and a lot of it was very complex and many of the people wanting to get into it were are more than likely new to investing money just like I was. This can make the whole process of taking your first steps very
daunting, something which it should not have to be.
So here I have decided to type out an explanation of what peer to peer lending is about in a way that I wish I could have found it to make it all a little bit less of a challenge to get started.

Peer to Peer lending has been around for roughly a decade now in

Peer to peer lending review: Ratesetter review

Peer to peer lending with Ratesetter

I like many others started off my peer to peer lending Investments on Ratesetter, lured in by what seems to be a relatively low risk investment with a small but decent interest rate and added £100 bonus for investing at least £1000 for a full year. This means that by investing £1000 on the one year market you stand to make a return of 13% at the 3% market rate of today. Comparing this to the current interest offered by the many

My P2P Investment journey so far.

Spare money for peer to peer lending?

Well here it is, the first post of a new blog I have started to follow my journey through the world of peer to peer (P2P) investment. As many of you will know the interest offered by banks current and savings accounts has decreased dramatically over the past decade