What are Your Thoughts on Money Lending?


I’ve been thinking about licensed money lending lately; it got me thinking, what are my thoughts on it in general?

It got me thinking, what are my thoughts on money lending in general?

I’m sure that all of us have thought about lending money at some point in our lives, especially when it comes to close friends and family members. 

However, I’ve found myself wondering how people feel about lending out their hard-earned cash more frequently, such as through an online credit platform like Lending Club or Prosper.

If you’ve ever been in debt before and needed a loan from a friend or family member, then you know how stressful it can be for both parties involved. But imagine if your friend/family member asked you for a monthly loan. 

That’s exactly what happens with peer-to-peer lenders who lend their money through these platforms when they become investors: 

They’re essentially asking strangers (or friends) to give them their hard-earned dollars so they can make more money by charging interest rates on those loans. 

As someone who makes money off investing their savings into peer-to-peer lending platforms like Lending Club and Prosper. I think this process could work better if there was less focus on maximizing profits than social impact!

I think there’s a big opportunity to improve the peer-to-peer lending process by making it more social and transparent. 

For starters, it would be helpful if investors could see what the borrower is using their loan for; maybe even get some more specific data on how much they expect to make from that new business. 

Secondly, I think it would be great if investors had more control over how their money was being used–maybe they could choose where it goes based on some set criteria (e.g., a certain percentage of interest goes to charity). 

And finally, I think peer-to-peer lending platforms should have some sort of community aspect embedded into the process so that borrowers get support from other people who are also interested in making a difference. If we could make peer-to-peer lending more social and transparent.

It would help investors feel more connected to the people they’re investing in, which would improve their overall satisfaction with the process!

The main issue with peer-to-peer lending is that it can be difficult for investors to feel connected to the borrowers they’re investing in. 

This disconnect might be one of the reasons why some people don’t invest money in P2P platforms.


This is a very interesting topic. I think it’s something that everyone will have their own opinion on, and there are many different ways to look at it. 

For example, some people may say that money lending should be illegal because they don’t believe in charging interest on loans or credit cards. 

Others might argue that charging interest is just another way to make money off of people who can’t afford things like food or rent without getting an advance from somewhere else. 

In my opinion, though, if both parties agree upon terms, then what happens between them should be none of our business as long as no one gets hurt (or cheated).