Peer to peer lending

[Ecosseven]

Morning all,

Due to the dismal interest rates available to savers I’ve been looking at my options for future investment. I already have a stocks and shares ISA and participate in my employers share save scheme but my cash savings are earning a very poor interest rate.

What are your thoughts on the risks involved and is there anything to choose between the companies? Wellesley have been advertising on the TV and radio recently although not sure if they are reputable or not

Thanks.