Have You Tried Making Money Online Through Peer-to-Peer Lending

[Nomad]

Peer-to-peer lending platforms are websites where you lend money to individuals or businesses and earn interest on your investments. You not only get your principal return but also interest returns on the amount you lend. There are multiple websites where you can start as a lender and make money. These platforms have strict guidelines for borrowing, therefore, your funds are safe. Have you tried peer to peer lending to make money online? What platforms do you use for peer to peer lending?

 

[Castelione]

I'm interested on this. I think this is good for people who have big start ups ideas and need investment.

 

[Nomad]

lending sites can be good for borrowers as well as lenders. While borrowers can get funding for their next big project, lenders can collect interest on the money they give to borrowers. YOu receive interest every month and receive principal amount after the lending term ends. I have never done this though despoite having account on multiple lending sites.