Peer-to-Peer Lending - Episode 047

Today, on the Prosperity Podcast, Todd Strobel and Kim D.H. Butler discuss peer-to-peer lending. In this episode, Kim speaks to the several advantages of P2P lending, for both investor and borrower. Todd lays out a few statistics regarding P2P lending and how these numbers compare to other ways of investing. Finally, they explain the potential dangers of P2P and how to utilize it in your portfolio. If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!

Show Notes:

[0:00] Prologue

[0:19] Intro

[1:46] Overview

[2:22] From the Investor POV

[5:15] From the Borrower POV

[6:52] P2P Lending Statistics

[10:14] Spreading Out Your Investments

[12:45] P2P as a Learning Tool

[15:22] P2P in Your Portfolio

[17:17] Beware of the Bank Players

[17:59] Financial Planning Has Failed

[18:25] Outro