Advertisement

YM

Edited 21 Jul 2024

∙

General Investing

Thoughts about peer-to-peer lending? There are a number of reviews in 2020 on P2P Lending platforms as well as seedly members sharing their views and experiences. Don’t see it currently though.

10

Discussion (10)

What are your thoughts?

Learn how to style your text

Ellena

12d ago

What are some of the P2P platform? Who's the regulator?

Reply

Save

Benjamin Cheong

18 Oct 2024

BSc Business at Singapore University of Social Sciences

Why do the borrowers resort to P2P Lending/Moneylenders with high interest rates, as compared to the bank's?

Chances of such customers have high risks of default and non-payment, and there is no plausible way for you to claim back your money.

Do your own due diligence.

Reply

Save

Nigel

Edited 02 Aug 2024

Lack of regulation and transparency-- not recommmended

Reply

Save

Diana Khoo

26 Jul 2024

Please dont invest on peer to peer lending. many of the clients has defaulted and i lost a lot of money.

Reply

Save

View 1 replies

CH

22 Jul 2024

Covid disrupted a lot of businesses. I think a lot of such company wounded up or defaulted. P2P are ...

Write your thoughts

Related Posts

I came across the "Peer-to-peer lending platforms" and was wondering if there is anyone who has tried this as an investor and if anyone could share his/her experience?

Is it advisable for newbies with no investment experience to try P2P Lending (e.g Funding Societies)? Anyone using the platform can share their experience (returns, default rates)? Able to recover your capital if there is default?

In your honest opinion, for those who have tried peer-to-peer lending platforms such as Funding Societies, which one is the most reliable, in terms of the information presented, e.g. the risks?

Have you heard about Peer to Peer lending (P2P). Do you currently invest in them as an asset class?

Share your P2P Lending Platform (Funding Societies, CoAssets, MoolahSense, Capital Match, Minterest, SeedIN) returns and performance so far?

Related Posts

I came across the "Peer-to-peer lending platforms" and was wondering if there is anyone who has tried this as an investor and if anyone could share his/her experience?

Is it advisable for newbies with no investment experience to try P2P Lending (e.g Funding Societies)? Anyone using the platform can share their experience (returns, default rates)? Able to recover your capital if there is default?

In your honest opinion, for those who have tried peer-to-peer lending platforms such as Funding Societies, which one is the most reliable, in terms of the information presented, e.g. the risks?

Have you heard about Peer to Peer lending (P2P). Do you currently invest in them as an asset class?

Share your P2P Lending Platform (Funding Societies, CoAssets, MoolahSense, Capital Match, Minterest, SeedIN) returns and performance so far?

Advertisement