Quote Originally Posted by alistar_mid View Post
except that they are highly correlated to and share many similarities with the credit card market

and the credit card market was fine in the biggest recession of recent times, the GFC, as was p2p lending.

http://www.lendingmemo.com/p2p-lendi...n-performance/

But returns did steeply dive by 20-40%...

i could easily suggest that it is a leap of faith to correlate credit card debt and p2p lending.
It might work out that way.

As I said I am totally for the industry , I think its a great innovation, I just want folks to have a good idea about the risk.