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Peer to peer lending

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: 1,240 Forumite
    Part of the Furniture 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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