Peer-to-peer lending (P2P lending) has been around since 2007. P2P is a way for borrowers to get lower rates than they would at a financial institution. On the flip side, P2P investing is a way for investors to get higher returns than if they lent money to the government or companies through bonds. This post will look at […]
Alternatives To P2P Lending: Real Estate Crowdfunding Read More »
I’m going to be frank with you. P2P investing is ranked last in my best passive investments post. The returns are low and LendingClub has lost its luster from years ago. But if you are still interested in LendingClub, here is a review. LendingClub is the leading P2P investment platform today. They are a publicly
Should I Invest In P2P Lending With LendingClub? Read More »
Are you considering opening a peer-to-peer lending account with Lending Club? Lending Club (NYSE: LC) is the US P2P industry leader today. To summarize, P2P lending is a method of debt financing that utilizes technology and big data so people can borrow and lend money from one another through an online platform without using a traditional bank.
Is P2P Lending With Lending Club A Good Idea? Read More »
The following is a guest post from Financial Samurai reader, Jeremy Johnson about earning 10% returns in passive income with P2P lending. Jeremy was kind enough to help me out with a random WordPress question issue when I first started back in 2009. Peer to peer lending is one of the most simple and effective
How I Earn Over 10% Passive Income With P2P Lending Read More »
Are you asking yourself: should I invest in P2P lending? My short answer is no. I do not recommend investing in P2P lending because returns are lower, risk is higher, and I’m not sure platforms like Prosper will be around. P2P lending ranks last in my best investment rankings chart. If you are still interested
Should I Invest In P2P Lending? Prosper Performance Review Read More »
LendingClub or Prosper? These are two main P2P platforms today. Both started around 2007, and both are based in my home town of San Francisco. I’ve met with senior management of both companies as well. Below is a quick snapshot of what the two platforms have to offer. As you can see, the platforms are
LendingClub or Prosper: Which Is A Better P2P Platform? Read More »
As part of their 10 year anniversary, San Francisco-based LendingClub reached out to me to sponsor an overview of their latest initiatives. It’s been over a year since I wrote about P2P lending, so this is a good time for an update. All thoughts are my own. Before 2007, the world was quite different. There was no
LendingClub 10 Years Later: A P2P Investing Update Read More »
Everybody needs to borrow money some time. Peer-to-peer lending is a good alternative if you don’t want to pay usurious rates from loan sharks, if you’ve been denied a loan by your local bank or credit union, or if you are just too embarrassed to ask someone you know for help. From $1,000 for an
The Main Reasons To Borrow Money Through Peer-To-Peer (P2P) Lending Read More »
Here are are some tips for borrowers of peer-to-peer lending. Peer-to-peer lending has become a popular way for more borrowers to access money beyond going to a traditional bank. Frankly, I think getting a personal loan from a marketplace like Credible is the most efficient way to borrow money nowadays. Rates have come way down
Tips For Borrowers Of Peer-To-Peer Lending: Insights From A P2P Investor Read More »
Peer-to-peer lending used to be a very big thing between 2012-2015. However, peer-to-peer lending has slowly declined in interest because returns haven’t been as good as they once were. In fact, I rank peer-to-peer lending last in my best passive income rankings. If you’re interested in peer-to-peer lending, let me share my experiences. P2P is
The Human Side To Peer-To-Peer Lending Read More »
