Have you ever wished you could borrow money from a friend when you're short of cash? Well, now you can. With the rise of peer-to-peer (P2P) lending platforms, anyone can borrow and lend money directly from each other, without going through a traditional bank or financial institution. In this blog article, we'll look at peer-to-peer lending and the benefits it offers to both borrowers and lenders. We also explore how such platforms are disrupting the traditional banking system and helping more people to become financially secure.


For the period of

1800 months

Loan amount

5000 €


15 minutes
Loans from person to person

Can we transfer a loan from one person to another?

Yes, you can absolutely transfer a loan from one person to another. The process is actually quite simple. All you need to do is contact your lender and let them know that you want to transfer the loan to someone else. They will then provide you with the necessary paperwork to make the transfer.

How to lend money to people?

If you're considering lending money to someone, there are a few things you should consider. First, can you afford to lose money if they don't pay you back? It's important to remember that not everyone is reliable, and even if they are, life circumstances can change and make repaying the loan difficult or impossible. If you can't afford to lose money, don't borrow it.

Secondly, what is the purpose of the loan? Is it for a big purchase, like a car or a house, or just to help a friend in need? The former are more likely to get a repayment than the latter because people are usually more motivated to pay back a loan if they have something tangible to show for it. That said, helping a friend in need is its own reward, so if you can and want to do it, lend them the money.

Third, how well do you know this person? This ties in with the first point - if you don't know them very well, they are more likely to default on the loan. On the other hand, if you are close friends or family, you may be more confident in their ability (and willingness) to repay you.

Finally, what are the conditions of the loan? Do you charge interest? What is the repayment term? What are the consequences of late or non-payment? It's important to make sure!

Is a student loan a good idea?

Yes, peer-to-peer lending can be a good idea. It can give borrowers access to the funds they need at a lower interest rate than they would otherwise find, and it can give lenders the opportunity to earn a higher return on their investment. Of course, as with any financial arrangement, there are risks involved, and both the borrower and the lender should consider all the terms carefully before entering into a contract.