Do your research: Before lending any money, research the borrower's credit history, repayment capacity, and financial goals. Read their profile, check their credit
Diversify your investments: Spread your investments across multiple borrowers and investment types to reduce the risk of loss. Don't put all your eggs in one basket.
Choose the right investment plan: i2ifunding offers different investment plans with varying interest rates and terms. Choose the plan that suits your investment goals
Start small: Start with a small investment and gradually increase your investment as you gain experience and confidence in the platform.
Stay within your budget: Set a budget for your investments and stick to it. Don't invest more than you can afford to lose.
Monitor your investments: Keep track of your investments regularly to ensure that they are performing as expected. If you notice any red flags, take action immediately.
Reinvest your returns: Reinvest your earnings to maximize your returns. Compound interest can help your money grow faster.
Be patient: Peer-to-peer lending is a long-term investment strategy. Don't expect quick returns or get discouraged by short-term fluctuations in performance.
Manage your risk: Understand the risks involved in peer-to-peer lending and take steps to manage them. For example, you can reduce your risk by diversifying your
Stay informed: Stay up-to-date with the latest news and trends in peer-to-peer lending. Follow i2ifunding's blog and social media accounts to stay informed about new