PeerCredit is a peer-to-peer lending platform connecting people who want to borrow with people who want to invest. We remove the middleman such as banks and financial institutions, so more money remains among people. Borrowers could get less costly loans while lenders can potentially earn better returns. We operate fully online and reduce our overheads so as to charge only minimal fair fees for our services.

We offer friendly and transparent services to our borrowers. You won’t be charged any hidden fees and will not have to deal with endless paperwork. The loan application will take you from 5 to 10 minutes to fill in and we will let you know if you can borrow via PeerCredit within 24 hours from submitting the application.

Representative example: A loan of £5,000 over 2 years will cost you £223.71 per month at a representative 7% APR. Total costs of your loan after 2 years will be £5,488.94. The costs include £368.93 interest at 4.6% (fixed) and a £120 fee. The total loan amount is £5,120 as the fee will be added to your loan.

Learn more about how to apply for a loan (step-by-step) >>

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