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The Quickstart Guide to Peer to Peer Lending

article Crowdfunding
The Quickstart Guide to Peer to Peer Lending
Description
Here are some guidelines for all new investors to think about as they take the plunge into p2p lending, these guidelines apply to investors in either Lending Club or Prosper, the two main players in the industry:

- Do you qualify?
- Decide on your risk tolerance.
- The most important word: diversification.
- Start small — but not too small.
- Decide on some simple filters.
- Consider automating your investing.
- Manage your expectations.
Tags: Crowdfunding, Crowdsourcing, Finance, Lending Club, money, p2p, peer to peer lending, prosper, social lending
Fiona Mares Posted by Fiona Mares
Aug 30, 2012 06:18 am GMT Viewed 1052 times
Author: Peter Renton Source
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