Blog posts tagged in p2p lending platforms

Posted by runted on in P2P Lending

Anyone who first hears about peer to peer lending and its amazing high-netting return potential is incredulous about all of its claims…I was…you were….everyone was! It just sounds like a scam.

After the initial skepticism was overcome (through research and a bit of trial and error) You got hooked but still found it hard to explain to others how it all works. How and why peer-to-peer lending platforms are capable of generating annual return rates between 8% and 10%….those numbers just sound too crazy to be true….

By now you know they aren’t fantasy as you managed to make a 8% return on one platform and 10% on some other…. With this post I will explain how exactly p2p lending platforms are capable of generating such high ROI for its lenders…

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Peer to peer lending as abbreviated as P2P lending is the practice of lending money to different unrelated people without going through traditional banking institutions processes. All the activities take place online on the companies’ websites after going through credit checking tools and using different lending platforms.

It is also known as crowdlending. There are many of these companies in the United states that offer students loans, payday loans, secured business loans and real estate loans. Interest rates are fixed by lenders that mostly are very low for competition.

Although many people like P2P lending because of its low lending rates, the truth is their benefits are not very profound. Getting out of debt is crucial, but the process is not that fun. Making monthly payments is a real chore. Investors also take a long time to make meaningful dividends, but it remains one of the best ways of lending money.

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Posted by sedgerhy10 on in P2P Lending

What is P2P lending

Peer-to-peer lending, sometimes abbreviated to P2P lending, is the practice of lending money between individuals. The act of lending from one individual to another has existed for many years, and often done through informal agreements.

With the advent of technology and the spread of e-commerce, this lending activity is brought to another level by leveraging the marketplace platform common in e-commerce. With that, one individual borrower can access funding from many individuals.

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Internet has made peer lending a possibility for almost everyone, but is it a good idea? Here's what you need to know before borrowing or lending.

There are two ways to approach peer lending (P2P): as a borrower or as a lender. But no matter who you are, there are a number of distinct benefits you can take to strengthen your current financial situation and future that will help you Saving money and getting out of debt.

Of course, there are also some pitfalls that can consume you, so you have to be careful. P2P loans can lead to prosperity or lead to ruin. It's a double-edged sword that one can not be wary of.

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Posted by kentemad on in P2P Lending

Online P2P Lending for Bad Credit

Are you in dire need of urgent capital to embark on a highly promising business endeavor, but all traditional banks and even the leading peer-to-peer lending platforms are not willing to offer you a loan because of your bad credit score?

Are you caught up in an endless infernal spiral of debt begging more debt and plunging you deeper and deeper into a financial abyss? Well, cheer up! All is not lost. There are peer to peer lending bad credit sites that offer hefty peer-to-peer loans for bad credit (in some cases, up to 35000 USD) even to small business owners or online sellers with very bad credit scores (in some cases, as low as 580).

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Posted by kentemad on in P2P Lending

Best Peer to Peer Sites In The US

More and more consumers want to cut out Banks and credit card companies and lend directly to each other. Peer-topeer lending is one form of crowd financing and investment used to finance loans that are repaid with interest.

Peer-to-peer lending allows potential borrowers to request loans from other individuals and set the terms of these loans. Potential lenders then have the option to fund the loan or not, taking on the potential for reward that comes with lending money. Generally speaking, peer-to-peer lenders and borrowers meet through a peer-to-peer lending website.

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Posted by runted on in P2P Lending

Best UK Peer to Peer Lending Platforms for Investors

The UK is renowned for its robust economic muscle. However, this has not been the case all through. A barrage of disappointing financial reports proved one of the most recent UK Recession in 2008-2009. This economic recession in the UK affected many areas including banking and investment firms.

One of the investment precincts that has grown in the UK recession is the Peer to Peer Investing UK. Due to its versatility and best rates for peer to peer lending, the peer to peer lending business has surprisingly improved and proved to be a viable investment.

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Posted by runted on in P2P Lending

Peer to Peer Lending for International Investors

Peer-to-peer lending is a contemporary name for an old practice. People (peer lenders) lending funds directly to family, friends, and acquaintances. The modern p2p website utilizes the internet to introduce borrowers and lenders investing in p2p loans worldwide.

The concept behind p2p lending international sites is that borrowers pay lower rates of interest while investors get the best p2p lending rates by simply cutting out intermediaries. When using peer-to-peer lending platforms, you eliminate banks from the equation.

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Transparency: The Cornerstone of P2P Lending

Transparency is something that the financial service sector has long been lacking. In fact, peer-to-peer lending rose to prominence on the back of a loud public call for more transparency and less corporate greed. Traditional P2P marketplace lending has transparency at its core.

Recently, however, many P2P platforms in the UK have started moving away from this model, to a model more akin to a managed fund, arguably a move away from transparency.

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Posted by canythould43 on in P2P Lending

Europe the new frontier in P2P Lending

P2P Lending, also known as peer to peer lending or crowdlending is the new practice of giving money to businesses or individuals on the understanding that it will be repaid back.

There are many established peer to peer lending sites in Europe that provide the service at more flexible interest rates and in a more convenient way than the conventional banks, hence preferred by many.

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