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Peer to Peer Lending

boristherussian · 2013-12-17 18:05:50

Due to the poor interest rates offered by banks and building societies I am contemplating Peer to Peer lending. I would be interested in other peoples experiences.

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Comments

agent69 Posts: 360 Forumite

27 December 2013 at 1:10PM

beancurd wrote: »

They have amalgamated opportunities at about 7-8% if you want a simple method with less money.

The 7 - 8% is only the initial interest payments. They aim to make 10%, with the balance payable on maturity.

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