Peer to peer lending is an exponentially growing and very popular type of investing. Peer to peer lending is fairly easy compared to an investment in the stock market, specially when you’re focus is to create a passive income. As soon as you know the basics of peer to peer lending, all you have to do is quickly assess the risk and diversify your portfolio. Most platforms allow auto investing, allowing you to minimize time spent picking the best investments, but actually focus on what’s important, bring in more money to invest and lead a life without Wallstreet’s daily stress…
Many people shy away from traditional investing in stocks, because they are afraid to lose money, peer to peer lending isn’t without it’s risks however. Some loan originators can go bankrupt, look at what happened in China. We will review every platform carefully on Fabulous Life Adventures and list the pro’s and cons of each platform. Make sure to diversify your investments on multiple platforms. This minimizes exposure to any potential losses.
Best Peer To Peer Lending & Crowdfunding Platforms
Below is a list of approved peer to peer lending platforms that we have analyzed.
|Platform||Loan Types||BuyBack||Interest Rate||Registration||Review|
Worst Peer To Peer Lending & Crowdfunding Platforms
This peer to peer platform only offers loans without a buyback guarantee. Most loans default before even one payment arrives. Bondora manipulates statistics such as default percentages and recovery rates.