Why I Quit P2P Lending

In my previous articles on P2P lending, The Basics of Peer-to-Peer Investing and Peer to Peer Investing – Facts and Figures, I discuss getting started in P2P lending and some of the basic facts and figures pertaining to notes on Lending Club, a P2P platform.

After keeping a small (~$750) portfolio on Lending Club for about 18 months I’ve discovered some of the downsides of only having a small amounts invested on these platforms. Below I detail why I decided to cash out and end my P2P investing career for the time being. Continue reading