P2P Lending - any risk for borrowers?

[Integroo]

I was just accepted for a loan at 4.05% with a £48 fee bringing it up to 4.9% APR. I would use this to settle my existing Tesco loan (for my car) at 6.9% and save a few hundred quid in interest, and repay earlier.

Is there any risk to P2P lending for borrowers I should be aware of?

[seaninog]

No. You're fine. All the risk is with the lenders and, to a lesser extent, the platform.

[Vantagefan]

I can't see any risk to the borrower. I'm a lender on a P2P platform (Harmoney) and apart from a few people defaulting it's been pretty painless on the risky end