Peer to Peer Lending

Is Peer to Peer, (P2P), lending a bit of a risk?

Is Peer to Peer, (P2P), lending a bit of a risk?

One of our partners was approached via LinkedIn to introduce clients to iban online, (http://ibanonline.com), a new entrant to the peer to peer investment/lending market. The elephant in the room with all peer to peer lenders is that they are not included in the Bank of England safeguards for banks or the Financial Services Compensation Scheme, (FSCS).  In the event of a business failure, you will be an unsecured creditor, with little chance of your money back, like everyone else.