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INTERMEDIATEHIGH RISKINVESTMENT

Peer-to-Peer Lending

Lend money to individuals or businesses via platforms. Earn 4-8% interest.

Startup Cost
€500
Potential Earnings
20-80
per yearly
Time Commitment
passive
Popularity
72/100

🇮🇪 Irish Context

Irish lenders earning 5-7% on EU-based P2P platforms

Step-by-Step Guide

1

Sign up on Mintos, Bondora, or Funding Circle

2

Start with €500 minimum

3

Diversify across 50+ loans

4

Target 6-8% annual returns

5

Auto-invest for hands-off approach

Pros

  • Higher returns than savings
  • Passive income
  • Diversification

Cons

  • Default risk
  • Platform risk
  • Less liquid than stocks
  • No Irish deposit protection

Tags

#lending#interest#passive#risk

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All information on CashCow.ie is provided for general educational and informational purposes only. This is NOT financial, investment, tax, legal, or professional advice. Earnings estimates, success rates, and case studies are examples only and do not guarantee results. Individual results vary significantly based on effort, skill, market conditions, and other factors beyond our control.You may earn more, less, or nothing at all. All business ventures and investments carry risk, including potential loss of capital. We accept no liability whatsoever for any financial losses, damages, or consequences arising from pursuing opportunities discussed on this platform. You are solely responsible for conducting due diligence, verifying legality, and consulting with qualified financial, legal, and tax professionals before making any decisions.