Peer Lending, A New Way to Earn
Want to earn extra income without the hassle of creating a product, starting a business, or working another job? That’s a question I wanted to be answered and decided to do a little research.
Investment Loans are Not Exclusive to Banks and Lending Institutions
Here's an income stream that I continue to come back to that sparks my interest, Peer to Peer (P2P) Lending. It's a way to invest in others' needs and earn a return on your investment (ROI) without the legwork. P2P are online platforms that connect borrowers to investors. The lender can earn Passive Income from loans as low as $1,000 - $35,000+.
Example of Return on Investment:
- 4-6% return per year
- Earn monthly cash flow as borrowers pay back loan of 2-5%
- 99% positive ROI
Looks like a smart way to earn income while you sleep.
You now have 5 Ways to Win with Passive Income
- Take Your Skills Online
- Find a Profitable Product to Sale Online
- Write a book
- Publish Content on YouTube
- Peer Lending
Check out this article for more information: The 7 Best Peer-To-Peer Lending Websites (LC) I plan to try "Lending Club” for myself and will share in a future post.
Look for another way to win with Passive Income in the next post.
ENTREPRENEURSHIP EMPOWERMENT: “Winning with Passive Income." This week 5 of 7-week series explores doable income streams to help empower women in entrepreneurship. Learn about various tips, tricks, and tools for the entrepreneurial-spirited women in You! Be inspired to Live Your Dreams Awake in 2018!
To get your ideas flowing, check out my free webinar replay: Supplement Your Income with Passive Income. Need help getting things going? Let’s chat. Schedule a complimentary 30-minute Breakthrough Call.
Are you earning passive income in either of the 5 ways?
Have you experienced peer lending as an investor or lender?
Please share in the comments below and let's start a conversation.
Pat B. Freeman
Inspirational Business Speaker|Empowerment Coach|Vision-Building Expert
Passion: Entrepreneurship
Audience: Professional Women
Turning Inspiration into ACTion & Passion to Profits!
Coming Soon!
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