You got to know the potential risks – peer-to-peer financing is not for everybody
Here is a summary of things you ought to think about before giving a peer-to-peer business your cash.
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Brexit uncertainty could strike lending that is peer-to-peer
Nobody understands just what Brexit means for our economy – some say good, others say bad. We do know for sure there was uncertainty that is huge. P2P is really a brand new industry; many businesses haven’t ridden through an amazing downturn, therefore we do not know the way they will. We list further risks below – the past could be the ‘unknown unknowns’, which the present uncertainty just exacerbates. Although we’re perhaps maybe maybe not saying don’t do P2P, we think you’ll want to give consideration to a lot more carefully if it is suitable for you.
There isn’t any cost cost savings safety guarantee
With normal UK cost savings, the Financial Services Compensation Scheme gives you an even of security. Continue reading Peer-to-peer financing is not for all. You have to know the potential risks…