Anyone invested with this gopeer.ca

If they are more strict on borrowing and risk assessment then they possibly have a chance. I gave Lending Loop a go just to see what the result would be, and it was essentially a disaster. Even amongst those that were rated highly most defaulted in my portfolio. I'll certainly be watching.

I will give it a go with a few thousand to try it.

Additional articles on their recent launch:
https://www.investmentexecutive.com/new ... hpydohd4ec

https://financialpost.com/pmn/press-rel ... hpydohd4ec

Stay away from P2P Lending. It's way more risky than you thought.

Ain't that the truth. High risk is an understatement for it.

It's a good opportunity for borrower and investor it's less risky that. Cryptocurrency and you can make good roi . Let see in future maybe he dies not accept all people I. Loan . Maybe it's strict we dont know

P2P or marketplace lending is nothing more than another name for subprime flake bad credit lending.

Where are all the P2P lenders that popped up 2/3 years ago? gone, changed names 3-4 times, they only attract and/or target marginal credit challenged individuals with huge default rates.

Alternative lending within the fintech sector is a bust. They prey upon desperate borrowers.

P2P lending is a great idea, and may be the way of the future, but IMO is too new and I wouldn't risk it. I think people who put money in Lending Loop would agree.
Minimum 7.5% APR, and up to 31.5%... Ask yourself who's taking out these loans, then throw in the economic uncertainty Corona Virus is creating...
Hard pass for me.