Peer to Peer Lending

Bolton: How do investors know P2P right for them?

Wednesday 9th of December 2015

There are now three peer-to-peer lenders operating in the New Zealand market: Harmoney, Squirrel Money and LendMe.

They all give investors updates about the performance of the loans their money is involved in, including demographic information about the borrowers and updates on repayments being made, and any arrears.

But John Bolton, of Squirrel Money, said the sector could do bet...

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