Peer to peer lending research

Discussion in 'Share Investing Strategies, Theories & Education' started by P2PLendingResearch, 7th Jul, 2017.

Join Australia's most dynamic and respected property investment community
  1. P2PLendingResearch

    P2PLendingResearch New Member

    Joined:
    7th Jul, 2017
    Posts:
    1
    Location:
    Brisbane
    Hi all,

    I am researching peer to peer lending. I would love to get in touch with people living in either Brisbane, Sydney or Melbourne who have used a peer to peer lending platform as either a borrower or a lender (or ideally both). Please let me know if you are able to help out.

    Thanks!

    Tom
     
    2 people like this.
  2. Simon Hampel

    Simon Hampel Founder Staff Member

    Joined:
    3rd Jun, 2015
    Posts:
    12,394
    Location:
    Sydney
    Perhaps you can share what you've found so far, for the benefit of the community?
     
    2 people like this.
  3. retirealready

    retirealready Member

    Joined:
    4th Aug, 2017
    Posts:
    6
    Location:
    Perth
    I've researched a bit into this space. Exciting times ahead. For a list of current players see here: Who Offers Peer-To-Peer Lending In Australia? | Canstar

    What I find interesting is that Banks are buying into P2P lending. An example being Westpac buying into SocietyOne so these P2P lenders must be doing something right.

    Of the available lenders, only a few will let retail investors "invest" with them. RateSetter, DirectMoney and MarketLend. The rest of them are only open to wholesale clients with large financial requirements.

    I researched RateSetter quite a bit and will be investing in it soon. Do you own DD.
     
  4. retirealready

    retirealready Member

    Joined:
    4th Aug, 2017
    Posts:
    6
    Location:
    Perth
    Forgot to mention that ASIC has it's eye on P2P lenders and may increase compliance requirements in the future, which may or may not break some of the lenders.