Anyone who knows I know I'm a big investment fan in a peer-to-peer loan (P2P loan). For me, this concept represents how it should before. Your savings are the best investment result forecast and maybe they are invested in your business.
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Good loan Apr Verse April bad investment
I also do not believe in any investment with April 17% or higher, and it is only because the APR is higher than that, and you are cheated. However, in fact, your credit is only as good as your last year. Unfortunately, too many people lost good credit positions during the financial crisis in 2008. Now, most of them are currently struggling to get a terrible loan with very high-interest rates.
On the other hand, I don't vary a lot in a super-low April loan like that at 6% or 7%. My reason is only because of a low return. However, I still made it. However, when I invest in a lower April loan, it is a 5-year loan. I like the 5-year loan idea much better. With this loan, I get more interest, which increases my return. However, you are invested in a two-year loan, which increases the risk.
My favorite loan to invest
Personally, I highly recommend peer-to-peer loan platforms to invest in loans. My personal and professional favorites are prosperous clubs and loans. I like both P2P loan platforms and use it regularly for loan investment.