Peer to peer (P2P) lending is the practice of unrelated individuals or companies lending money directly to one another without the need for banks and other financial institutions. The P2P industry is growing rapidly, with the lending volume for 2014 already at £1 billion and expected to reach £45 billion
Don’t invest unless you’re prepared to lose money. This is a high risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take two minutes to learn more