Profiling the typical 'peer-to-peer' investorJASON DORDAY/FAIRFAX NZInvestor Tom Enright was the first person to invest through LendMe, a peer-to-peer property lender. In return, they get a higher return than they can get at the bank, sometimes much higher. Fund managers and investment advisers are wary of peer-to-peer lending. Peer-to-peer investors take on the direct risk of losing money on the individual loans they make. And, unlike the secured loans Enright has funded, Harmoney​ loans are unsecured personal loans.

Source: Stuff August 02, 2016 17:01 UTC