These P2P platforms are not for everyone. The first thing you need to know is that by investing your money with what I describe as “Black Box” lending platform, you don’t have a say where your money goes. This means that you don’t know the loans that are receiving your investment, and you are only able to select the investment tier and maturity. All these P2P platforms state that the loans are guaranteed by asset-backed collateral, however you don’t have the necessary resources to validate this without a public external audit process. Make sure you do a proper due diligence before investing.