Sick of your money earning paltry interest in the bank but don't have the time to actively invest it? Micro-investing or peer-to-peer lending could be for you.
Should Kerry use the interest from his peer-to-peer lending investments to top up his mortgage payments, or close the P2P and bulk up his offset account?
So you've decided to sell your family home. Y you'll need somewhere to put the funds from your sale, preferably somewhere where the value of your money doesn't go backwards - and it's not easy given our low interest rates.
While interest rates fall on term deposits and high-interest savings accounts, peer-to-peer investors are cashing in on returns of up to 8%. So what's the catch?
Aussies are diverting millions of dollars away from savings accounts and term deposits into longer-term peer-to-peer investing, according to research from P2P lender RateSetter's investor base.
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