How to make money through Investing in peer-to-peer lending platforms

[Johnson2468]

Peer-to-peer (P2P) lending platforms connect borrowers and lenders directly, allowing individuals to lend money to other individuals or businesses without going through a traditional financial institution. By investing in P2P lending, investors can earn passive income in the form of interest payments on their loans. Some popular P2P lending platforms include Lending Club, Prosper, and Upstart.

 

[Magnus2022]

Peer to peer lending is one of best investment options. But the interest rate is not high to compare to HYIP. P2P lending is a stable investment with minimal risk. I am planning to start investing in P2P by middle of the year.

 

[Bisolami]

Peer-to-peer (P2P) lending platforms connect borrowers and lenders directly, allowing individuals to lend money to other individuals or businesses without going through a traditional financial institution. By investing in P2P lending, investors can earn passive income in the form of interest payments on their loans. Some popular P2P lending platforms include Lending Club, Prosper, and Upstart.

It is a very good way to make money but deal companies or platforms needs to be trusted and also to have every detail of the lenders and the borrowers

 

[LoukiaCharilaou]

This earning method is very interesting, I have heard about this method before but I have not tried it so far because I do not know any legit platforms.

 

[Shavkat]

Some fellowmen in my country are into this way of borrowing money. I have not tried it though. But it is a legit one to ponder.

 

[Bisolami]

Some fellowmen in my country are into this way of borrowing money. I have not tried it though. But it is a legit one to ponder.

Since it is legit it will be good but I am always scared of borrowing money from people

 

[Enxx]

But how secure is this. Because if I lend someone coin and he did not pay back, the how will I recover my coin

 

[Bisolami]

But how secure is this. Because if I lend someone coin and he did not pay back, the how will I recover my coin

And this is why you should not lend someone your coin because it is very rare to see someone who is trustworthy these days

 

[hastral45]

Before you will be eligible to participate in this P2P lending platform, there are some conditions that must be satisfied.. But what baffles me is how to confirm the security of the system.

 

[Enxx]

And this is why you should not lend someone your coin because it is very rare to see someone who is trustworthy these days

I am trying to know how the lending service in binance secure. I want to know if there is a way of taking collateral before giving out the loan?

 

[Bisolami]

I am trying to know how the lending service in binance secure. I want to know if there is a way of taking collateral before giving out the loan?

I do not know much about the loan on binance so I think you should ask other people about it

 

[Springtime]

I do not know much about peer-to-peer lending platforms. May be I am over cautious, I find it uneasy to lend money to a stranger online. With so many scammers out there, I prefer to invest in stocks, bonds and mutual funds via e-platform of my trusted bank.

 

[cherry123]

Anyone start investing in Peer to peer lending if they like it . it is one of investment options I wouldn't try anytime soon. I don't really like it it like HYIP to me.

 

[eldavis]

I have heard about a lot of persons making money through this method, but personally i do not trust this method cause when it comes to money people cannot be completely trusted.

 

[flower]

You can make decent money by investing on peer-to-peer lending platform if you are sending you money to a credit worthy borrower.