All posts tagged social lending

What are peer to peer loans and how do they work?

Comic figure pushing another

There is a way of receiving loans called peer-to-peer lending or peer loans. The top peer-to-peer lender in the UK is ZOPA which first launched in 2005, introducing an accepted alternative to more traditional loans and investment options. Read more…

“Social Lending” the fair(er) alternative

Hands symbolizing a network

In 2005 when the global economic crisis hit, people were finding it very hard to get credit from the bank or most financial institutions. This lead to a new form of lending called peer loans, or social lending. Read more…