Tag - Best Peer to Peer Lending
OFF3R works with some of the best peer to peer lending platforms in the UK. We have developed a series of guides, reviews and tools to help you analyse which is the best peer to peer lending platform for you and to understand the risks involved in investing with a P2P lender. There are a large number of peer to peer lending platforms and it is therefore important that investors understand the model of each platform and some of the characteristics relevant to that model.
Peer to peer lending is a broad category that covers a variety of different investments. At the most basic level, peer to peer lending involves an investor lending money to one or more businesses or individuals, who will then in turn pay interest on that loan, returning the initial loan at the end of the term. Peer to peer lending platforms facilitate the loan, and they are responsible for collecting interest on your behalf.