Peer to Peer lending with Covid

[HRH2009]

Something like a year ago I was seriously considering getting into this as an alternate place to put some money. I did not go any further with it.

What I was wondering how these loans have fared this past six months, given how difficult trading must have been for many start up businesses.

[NickXX]

I would look at the stats around business’ intent to repay Bounceback Loans first!

[mikeiow]

HRH2009 said:

Something like a year ago I was seriously considering getting into this as an alternate place to put some money. I did not go any further with it.

What I was wondering how these loans have fared this past six months, given how difficult trading must have been for many start up businesses.

Big thread on P2P over here on MSE.

We have *tiny* amounts with Kuflink, who have continued to do just fine....but there are a lot out there (& clearly a few have collapsed in the past couple of years).

[Frankstar123]

I'm still getting same returns on my Zopa portfolio. (Actually zero defaults this month) Whether it continues or not?

[StevenRugg]

I have a bit in Zopa, and have had a definite increase in defaults over this year for obvious reasons, but I always end each month making more than I've lost. And it's still higher than most normal saving things on offer.