Swaper News: 4 Ways to Boost Your Holiday Budget with P2P Lending


It’s not too late to make a meaningful contribution to your 2020 savings

December 5, 2019

Before jumping into the tips, let’s quickly go over the phenomenon of P2P lending. The industry has developed astonishingly fast and is not just a hype (unlike Bitcoin in 2017). The reasons for lenders and borrowers to switch to P2P are logical and pragmatic, which is exactly why the market will keep growing.

In a nutshell, P2P lending turns you – the investor – into a loan provider. You lend money to someone who will repay you at a later date plus interest, usually 5-15%, depending on your tolerance of risk. Now, this doesn’t mean that you will be a “loan shark”. Instead, you simply register online through P2P lending platforms like Swaper.

These platforms connect investors with borrowers and function as mediums through which you browse investments, track performance and withdraw your earnings. Attractive return rates, a stream of steady income, and low barriers to entry are just a few benefits of putting your money into P2P lending. There’s a lot of talk however over building a long-term strategy for your investments, but what would be the essential steps to start seeing results also in a short time-span? 

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