Quote Originally Posted by justakiwi View Post
Is 2 years the minimum term available? I see with Squirrel you can sell your investment if you have a financial emergency or whatever, but wondering how hard it would be to get someone to buy it given that they may be able to get a higher interest rate than what you're trying to sell.
Yes, that's the minimum term. I wouldn't invest in P2P if there was a chance you needed the funds before the term ended, but the secondary market is still really nice to have. As long as you invest in small amounts and at a decent rate, I think it will be fairly easy to sell your investment - right now there are over $100,000 of investor funds bidding for 5 year loans, but a $15,000 loan at 8% untouched on the secondary market