Banks and building societies make money by lending your cash to borrowers at extortionately high rates, while paying you a pittance and pocketing the difference. New technology means you can cut
out the middle man and earn far higher interest rates by lending directly to businesses and individuals, a system that is fairer to borrowers, fairer to lenders and more ethical - you choose exactly
where your money goes and borrowers borrow at rates they know in advance that they can afford. That means no more unwittingly funding the arms trade and oil companies with your hard earned cash.
Everyone is a winner, except the bank managers.
How it works
Businesses regularly need to borrow money in order to expand. When a business takes a loan from P2P lenders, the loan is split into hundreds or thousands of tiny bits called loan parts. You lend
by buying loan parts which are then paid back to you every month with interest, over the course of a fixed number of months or years. If you need to access your money early, you can put your loan
parts back on the marketplace and sell the remainder directly to other lenders. If you don't need to access your money, your repayments can be automatically reinvested.
Stock market rivalling returns
Peer to peer lending delivers interest rates that rival and often exceed the gains from investing in the stock markets, yet in several ways the risk is less. While the stock market fluctuates
wildly as world events unfurl, companies are legally bound to pay back loans unless they declare bankruptcy, regardless of what's happening on the stock markets.
A wealth of options to choose from
The number of different peer to peer lending sites is growing at a bewildering rate, we aim to sort the wheat from the chaff and help you decide which ones are right for you.
Always remember: Spread your risk and diversify your lending
With all P2P lending sites your actual return may be higher or lower as your capital is at risk. Reduce your risk by spreading your lending through as many different companies and industries as
You can earn an extra £150 in new customer bonuses by signing up for P2P sites using the links on this website.
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information purposes only. The Information is not intended to be and does not constitute financial advice, is general in nature and not specific to you. Before using this site's information to make
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