spockie
Member of DD Central
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Post by spockie on Sept 1, 2015 20:18:47 GMT
Started out with Zopa in 2006 but was fairly young and without much spare cash so only had a very modest investment. Became a bit disillusioned with the return in relation to the risk, but stuck it out and have diversified significantly into other platforms now I have more disposable income and more p2p companies exist.
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Post by domUP on Sept 2, 2015 19:44:09 GMT
Funding Circle late 2011 before their Series B. Pretty basic back then, but it worked.
It got the team and I hooked....
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sam i am
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Post by sam i am on Sept 3, 2015 17:46:00 GMT
Flyer for Funding Circle in the Economist a few years ago when they were relatively new. Always thought I should investigate P2P further one day. Did Internet research about three months ago and ended up with SavingStream for my first toe in the water.
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trevor
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Post by trevor on Sept 6, 2015 14:23:55 GMT
Enlighten me I read a fairly small article in the Sunday Times Money section about 18 months ago. It called Z, RS and FC established P2P platforms so over a period of 3 months dipped into all 3. I then discovered this site and based on comments have also lent to SS, FS, AC, RebS.
P2P has transformed my finances and I'm really surprised that there are not more investors. I suspect that the phrase "if it sounds to good to be true, it probably is" has put a lot of potential investors off. Given that a good 5 year ISA bond barely gets above 2%, seeing adverts for 12% must make many think it's too good to be true.
My view is that when P2P is eligible for ISA it will increase their credibility many fold and attract hitherto reluctant lenders.
The biggest factor that caused me to overcome my fear of "if it's too good to be true...." was the provision funds in RS and Z where my first money went.
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