1 / 6

5 Peer-to-Peer Lending Apps

You need to select a platform that you can use to invest in peer-to-peer lending and get a loan. Here are five peer-to-peer lending apps that will help you get started. https://apapgh.org/p2p-loan-apps/

Robert180
Download Presentation

5 Peer-to-Peer Lending Apps

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 5 Peer-to-Peer Lending Apps You need to select a platform that you can use to invest in peer-to-peer lending and get a loan. Here are five peer-to-peer lending apps that will help you get started.

  2. 1. Upstart In 2012, Upstart launched its peer-to-peer lending platform. Upstart's unique approach to evaluating applicants is part of its popularity. Upstart's slogan is "You are more than your credit score". Upstart considers the borrower’s academic performance, work history, potential earnings, and other factors.

  3. 2. Prosper Prosper was founded in 2005. Prosper claims that the site has been in operation since 2005. Prosper also claims that over one million people have used it to obtain loans and that individuals have invested more than $17 billion through the platform. Prosper offers a variety of loans from debt consolidation to medical bills.

  4. 3. SoFi SoFi stands for "Social Finance". This peer-to-peer lending app offers many types of loans but specializes in student loan refinance. SoFi considers each borrower's income and education when granting a loan. SoFi's app allows investors to manage all their investments, including stocks and exchange-traded funds (ETFs) funds.

  5. 4. Funding Circle Funding Circle was founded in 2005 and focuses on small-business loans. The peer-to-peer lending platform offers a quick 6-minute online application. Borrowers can often receive a decision in as little as 24 hours. Funding can be granted within three days. The platform has attracted more than $10 billion in investments.

  6. 5. Lending Club Lending Club was established in 2007. More than $50 billion has been transferred through the platform. The peer-to-peer lending platform facilitates personal and business loans. The platform allows borrowers to get loans as low as $1,000. Investors can start as low as $1,000.

More Related