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Peer to peer lending

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Hi,

First time using this so I'm not quite sure I'm posting in the right forum...

I'm thinking of lending money to a peer-to-peer lending company wellesey (with an ipad in return). However, before I do this, I'm most concerned of how the credit checks they run to accept me lending the money (soft checks I'm told), may influence the stringent checks that I will undergo when I take out a mortgage in the next year or so.

Has anyone got any information regarding this?

I was thinking as there's no guarantee your money that you invest is protected, mortgage lenders may think that I take risks with my money??

Thanks in advance for anyone's help!

Comments

  • Futuristic
    Futuristic Posts: 1,169 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    Soft checks are not shared and only viewable by you. I'm not sure if they credit check investors, probably only borrowers.
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