PEERTOPEERLENDINGUK.COM

PeerToPeerLendingUK.com has been launched in early 2015, and is addressed at guidance of people about this (what we feel is a) wonderful unique opportunity to lend money and invest without using banks... Peer to peer lending is a form of unsecured personal loan (unsecured business loans are also available in USA, Canada and Australia, but those should not be reviewed here). That means there is no lien on assets - the loan is not collateral in cases of no payment. In Zopa, for example, an experienced industry player that focuses on good credit borrowers, the estimated total "losses" ( unsecured loans never repaid) is around 0.5% annually. It can be assumed that other Peer to Peer lenders have higher loss rates, though these numbers are often not published... Discover the exciting world of Peer to Peer Lending (P2PL) in the UK. We cover top-notch companies like Zopa, RateSetter and Lending Works.