Get advice, answers, and information

What Should I Consider When Applying for a Peer-to-Peer Loan?

Your credit history plays a part in whether you can engage in peer-to-peer lending. You grant access to your credit score when you apply for a peer-to-peer loan. This type of investor may require you to improve your credit history before finding you loan-worthy.


If engaging in peer-to-peer lending, make sure you understand the terms of your loan and make payments on time. Falling behind can increase your fees and prevent you from seeking another peer-to-peer loan.

In addition, check in your state to see if there are any specific regulations concerning peer-to-peer lending. Our On Call legal service can help you find a local attorney with that knowledge.