hey guys what's up its mark Muncie or
Deanie I am back alright so on this
video we're gonna talk about making
money doing absolutely nothing if you
guys want to sleep on the couch stay in
bed all day and have your money work for
you well then this is the video for you
I will give you all the details right
here remember to subscribe to my channel
because I post videos just like this one
people how to make money online how to
work from home and how to become an
entrepreneur so if you subscribe then
you won't miss anything
and if you would like to learn how you
can create a full time passive income
working from home if you want to make
money while you sleep and while you're
out on vacation check out the link below
in the description of this video and I
will send you some more details on that
alright guys let's go ahead and jump in
here so we're gonna be taking a look at
peer to peer lending
alright so people will use a peer to
peer service to borrow funds for various
different things like remodeling a home
buying a new car wedding loans debit
refinance and that sort of thing ok so
the way it works is you can lend out
your own money from like one to five
years and the peer-to-peer platform will
then take your money and lend it out to
borrowers and then you make a profit on
the annual interest that's it your money
is in there you make a profit you can
sit back and relax and your money makes
money for you it's that simple now the
entire all the transactions happen on
line so this is one of the great things
and this totally eliminates the need for
you know for sometimes that embarrassing
face-to-face meeting that you would do
at a bank or something like that if
you're trying to get a bank loan you
don't have to go anywhere to do that so
it's a win-win both for the investor and
the borrower all right so let's take a
look at this website right here this is
Lending Club which is a pretty popular
platform and now with Lending Club you
guys can get some pretty high returns 3
to 8% which is outstanding
now the riskier the investment of course
the more you
and there are some there's some small
requirements that you will have to meet
as an investor but it's pretty
straightforward okay
so the first thing that you're going to
want to do when you come to the website
you're just going to select if you want
to be a borrower if you want to borrow
funds or get a loan you can come over
here or in our case for this video we
want to be an investor so we can have
our money generate profit for us and so
I'm going to just come over here and
click on individuals that will take me
over to here and then I can just click
on start investing if I want to start or
if I want to create an account okay for
some other good information here you can
click on why Lending Club and that will
give you some more information here 3 to
8% historical returns right here 99% of
their portfolios with a hundred plus
notes see positive returns you can also
see a monthly cash flow two to five
percent as borrowers repay their loans
investors we see payment or principal
and an interest and can receive monthly
cash flow ranging between two and five
percent okay
and I just want to give you some stats
here there's a hundred and eighty-eight
thousand investors with Lending Club 2.4
million borrowers at this time and
there's been thirty five billion dollars
that have been invested so the company
has been around a while it's totally
legit they've got a little historical
hypothetical example here you guys can
look at they've been recognized by some
pretty big companies like The Economist
cen or CNN the New York Times and Inc
they also have an app that you guys can
use just to keep track of your
investments and your animal returns and
your percentage rates and everything
like that it's available for the iPhone
and also Android okay so some other good
information here now the minimum the
minimum opening account with Lending
Club you're going to need at least
$1,000 okay now and it's going to be $25
$25 is the minimum requirement to invest
any single note all right now Lending
Club does use what they call their best
practices to collect payments from
delinquent borrowers but in in some
cases you know there can be loans that
will default nonetheless all right so
just want to let you guys know about
that now if you guys decide that you
want to sell your loans before your term
ends there's going to be a one percent
fee for that if you if you just decide
to sell out okay so but the one thing I
like about Lending Club is that you
don't have to be a big credited a big
credited investor and already have a
large amounts of capital at your
disposal you can simply start an account
with only a thousand dollars okay so
that is a Lending Club go check it out
guys it's at Lending Club calm the other
website here is Zopa or zappa I think
that's how you pronounce it this is for
those of you that are living in the
United Kingdom and you want to be
rewarded for your investments so zappa
is probably the oldest and largest
peer-to-peer lender in the UK even most
people that live in the UK they probably
have heard of this platform they have an
established track record and it's a very
trusted brand okay now people come to
Zappa to borrow money for one to five
years for various different things as so
what I'll do here first is just come
over here and click on invest was with
Zappa that'll take me over to this page
where we can see the two types of plans
that we can invest with so with the
Zappa core it's up to four percent
annual returns for anything from like a
one to five year investment and this
compounds every single year that's
really where the power the whole power
is here guys when your interest
compounds year after year you're just
going to make more and for the Zappa
plus this is going to be for those
little bit higher risk investments where
you can make a closer to around maybe
somewhere around four point six percent
on your animal returns for your
investments so that's pretty good now if
you decide to sell your loans just just
like Lending Club you there's going to
be a one percent fee okay if you
guys decide to sell before the term has
ended alright so there you go and just
remember with Zappa here when you guys
invest your money your capital is at
risk and it's not protected by the
financial services and compensation
scheme so I just want to let you know
about that and that's pretty much it but
you know if you guys would like to speed
up the process if you don't have a lot
of capital to invest right now
well if you want to speed up the process
of generating an income online and you
would like to learn how to create a full
time passive income which is what I'm
doing well check out the link below in
the description of this video and I will
share with you some information that
will teach you on how you can do that
okay and that's about it guys if you
guys found some value on this video hey
give me a thumbs up and appreciate that
and if you want more videos that will
show you and teach you how to make money
online and how to become an entrepreneur
hit that subscribe button and I will
send you a notification whenever I come
out with a new video that's it for today
you guys make it an awesome day and I
will see you on the next video peace out
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