Todays post is by Chris Grundy of Bitbond. Chris is a Bitcoin obsessive and avid p2p lending fan who has written for a variety of Online publications as well as regularly contributing to the Bitbond blog. You can follow him on Twitter, connect with him on LinkedIn or check out his Marketing blog. Any feedback is welcome and encouraged.
It is fair to say that the p2p lending industry is having a stellar year. As you will be aware, Lending Club reported an extremely successful Q2, breaking through $1.9 billion in originations in that quarter alone. During the same time period, Prosper issued a staggering $912.4 million in new loans, representing a 147% increase year-over-year!
The U.K. is equally as impressive with $792 million being lent over p2p platforms in Q2 according to the Peer-to-Peer Finance Association.
So how can you take part and profit from the p2p lending boom?
Well, the first thing you need to do is find the right peer to peer lending site for you in order to start investing and saying goodbye to the 2.5% interest offered by your bank. Below, I have listed my favourite peer to peer lending sites from around the world for you. Have a look and let me know in the comments if you think I have made any glaring oversights. Enjoy! (Source contents)
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