Best Peer-To-Peer Lending Sites (2017) Top 5 P2P Services

TOM SMALL

Chances are, you’ve got debt. Most people do, and it's a beast of burden for many. In the best of all possible worlds, all loans, and lending institutions would be created equal in their treatment of investors and borrowers.

Unfortunately, this is not the case. Refinancing and consolidating debt can be extremely beneficial in lessening the load of high interest debt, making up over 70 percent of all consumer loans in the United States. However, whereas banks have a predilection to over-lend at a premium, peer-to-peer lenders aim to maximize successful loan repayments, and investor returns on interest.

This article briefly explains P2P lending and then reviews the best peer-to-peer lending services that you ​should consider for 2017 investing/borrowing.