I’ve been pretty vocal in my support for the peer to peer lending industry, which I also call debt crowdfunding. Still, many out there have no idea what p2p lending is!
There’s no other way to say it. Knowledge is power. When you are informed about tools and resources that can help you in your life, you stand to prosper.
On the investor side, peer to peer lending platforms are alternative ways to earn a return on your capital. You can receive passive income in the form of interest payments on your investment.
On the borrower’s side, you can use p2p lending platforms like Lending Club, Prosper, Upstart, and Sofi to get a low-interest loan, which you can use for a variety of purposes. You can also pay down your existing credit card debt and consolidate your outstanding debt.
In the YouTube video below, I’ll be discussing how peer to peer lending works. I hope you find it to be helpful.
If you did enjoy the video, be sure to give it a thumbs up on YouTube so that other readers know it’s worth watching.
I also invite you to leave comment and let me know how I can help you further.
Personally, I think this p2p industry is just getting started. We’re going to be seeing even more growth in the years to come!
