Let's assume a scenario: I have a limited fund to start with, I am in university, would saving in a P2P lending platform be a good investment? I mean it would be easy. How are the interest rates compared to actual banks? Are there any other advantages?
(Pic unrelated)
p2p is not too bad.. around 10% PA but there are far better investments that deliver the same without the headache
Lmao this fag again, what happened to your reddit borrow scheme?
>>1509612
Dunno what the fuck you're on about but I am not the faggy OP you're referring to.
It will be fine until you start seeing defaults.
The only p2p lending worth doing would be secured against a hard asset. Think pawnbroking, private mortgages, etc.
>>1510406
fucking kek
OP btfo
>>1509601
I am in LC with only 1000$. If you have low amount like me don't buy full 25$ 36 or 60 month notes. Too long and incredibly unsafe cause a single default can fuck you up for a long time. If low amount just go on secondary note trading platform. Edit the search filter to your liking. ( never late, good credit, shit like that.. Don't remember all options atm) Aim 6-10% return and 8- 14 month when u purchase used notes. If u have like 5000$ feel free to purchase full notes cause a couple of defaults ain't gonna fuck up
Good luck
>>1510917
LC has yielded great for me so far. But I dont know if they will survive after a credit crunch or a downturn, but its nice to take advantage of it while its still good