answersLogoWhite

0


Best Answer

Peer to peer lending was originally designed to create personal connections, however, it can be quite problematic. Specifically, with peer to peer lending the chances of money loss is high and the amount higher than with other loans. As such, it is not worth it. Some companies you can find price quotes and reviews on include the Lending Club.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Best available secured peer to peer lending, worthwhile.?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

What are the top 3 secured Visa Credit Cards?

There are many different secured Visa credit cards available. The three that are rated as the best are the Wells Fargo Secured Visa Card, the U.S. Bank Secured Visa Card, and the BankAmericard Secured Visa Card.


What are the best bank loans available?

The best bank loans available are the loans with the lowest annual interest rates for lending, the lowest administrative fees, and the lowest penalty fees for early repayment.


What is a lending tree mortgage used for?

Lending Tree is a mortgage referral service which compares the best rates depending on a number of factors such as remaining term on the mortgage, remaining balance, equity in the property. They will also look at your personal circumstances financially. Lending Tree are not available once the mortgage is in place, they just find the cheapest deal for you.


How does YES-secure work?

Register on-line to begin lending the smart way! Joining is Quick, Easy, and Free.You transfer money into your encash account and it's made available to borrowers at the terms you set. You can lend a minimum of £10 and up to a maximum of 10% of any individual loans.Create your auto-lending plan or browse through the loan listings to select the borrowers with requirements that best match your personal investment goals.Go on my lending page to see how much you've lent through custom lending or auto-lending to borrowers and how much is still available in your encash account. It's that easy!


What companies claim they give best mortgage rates?

The Lending Tree claims that they can get the best mortgage rates. The Lending Tree gets quotes from 5 different lenders so you can choose the best one for you.

Related questions

Best available secured 1040 tax table, worthwhile.?

The best 1040 tax table is available for free directly from the irs.gov website. It also would be the most accurate making it worthwhile to use, with the simplest layout.


Best available target retirement funds, worthwhile.?

The best available target retirement fund is different for everyone depending on needs and time-frame available. It is worthwhile because it will save you a lot of money.


Best available nokia astound, worthwhile.?

The best available nokia astound is the c7 device and it retails for 299.99. It is worthwhile with the 8 gb drive, the 3.0 bluetooth and the 8 megapixel camera. And with the intergrated GPS you will never get lost with this phone.


Best available swift car insurance, worthwhile.?

Insurance is always worthwhile. What is "best" is up to the individual user, and the cost is determined by a number of different factors, but insurance is an absolute must for any driver!


Best available property tax loans, worthwhile.?

In order to find what the best property tax loans are and if they are worthwhile, you should contact your tax advisor or someone who knows a lot about tax loans that could tell you about the best ones.


Where is the best place for a secured loan?

A secured loan is a loan where you will be required to use your property as security against the loan, so the lender is able to balance the risk of lending to you. The amount that can be borrowed differs from lender to lender and your individual circumstances.


If the loaner keeps a car title is it considered a secured loan?

A car title seems to be considered a secured loan because it can be used as collateral for whatever type of lending you may need. But checking with the preferred establishment is in your best interest.


What are the top 3 secured Visa Credit Cards?

There are many different secured Visa credit cards available. The three that are rated as the best are the Wells Fargo Secured Visa Card, the U.S. Bank Secured Visa Card, and the BankAmericard Secured Visa Card.


What are the best bank loans available?

The best bank loans available are the loans with the lowest annual interest rates for lending, the lowest administrative fees, and the lowest penalty fees for early repayment.


Best available blackberry torch 9800, worthwhile.?

The best blackberry torch 9800 is definitely a worthwile purchase. It costs approximately $239 if you do not have a mobile contract. Check ebay for discounts.


Where can I find information about different secured business credit cards online?

The best source is to contact various lenders directly. They are able to provide you with information regarding their different secured credit cards available online.


Best available skymiles credit card, worthwhile.?

The best skymiles credit card is the Gold card. There is no annual fee for the first year. After the first year, there is a $95 annul fee. Even with the $95 annual fee, the Gold card is the best price for the everyday person and worthwhile for those who travel even just a few times a year.