Compare P2P personal loans
Personal loans are the most common type of P2P loan available in both the UK and Across Europe. most lenders offer features that reduce risk for investors. Many lenders offer ‘buyback guarantees’, which means that they will repurchase loans from investors that default. Some others offer products that allows investors to diversify their risk across several hundred different loans, which reduces the impact of any individual loan defaulting.
| Site | Location | Typical rates | Our view | Bonuses available | Learn more |
|---|---|---|---|---|---|
 | Europe | 9-13% | Mintos is the largest and most popular European P2P site. Offers loans from more than 35 lenders, including many that offer personal loans. An excellent site but it is important to select the best lenders. Check out our Mintos lender ratings | 1% | Our review |
 | Europe | 12% | Peerberry offers returns with buyback guarantee, a slick website, backed by a profitable lending group. Has recently started to offer loans from other lenders | Our interview with CEO | |
 | Europe | 8-12% | DoFinance offers a simple and easy to use site, from a Polish lending group. All loans come with buyback guarantees on all defaulted loans, and investors sell all loans back at 14 or 28 days notice, depending on the product chosen | Our interview with the founders | |
 | Europe & Russia | 11-14% | Robo.cash is a fairly small site but it offers market leading returns for loans with buyback guarantees and is backed by a profitable lending group | Our interview with CEO | |
 | Europe | 10-12% | VIAINVEST offers loans from 4 European countries. All loans come with a buyback guarantee. Simple site that works well. Run by a profitable company with a decent track record | Our interview with CEO | |
 | Europe | 10% | Fellow Finance focuses mainly on loans in Finland. They appear to be primarily focused on attracting funds from domestic and German investors. While we understand that the track record is fairly good, the website and customer service does not seem to cater that well for foreign investors | Visit Fellow Finance | |
 | Lithuania | 14-25% | NEO Finance is the P2P investment arm of the Lithuanian lender Paskolu Klubas. The platform has been operating since 2016 and holds authorisations from the Bank of Lithuania. NEO Finance offers traditional personal loans with typical rates of around 18% and terms of 48 months. The platform will buyback defaulted loans at their expected future recovery level which is between 50-80% of outstanding balance. NEO Finance guides investors to expect net returns of between 11 to 15% after defaults. | €40 | Visit NEO Finance |
 | UK | 2.7-4.8% | Ratesetter is a large British P2P investment site, that has high volumes invested through it each month. A provision fund is in place to cover higher loss levels (although we think it should be larger). Ratesetter is a good option for investors looking to invest only on a short term basis, but earn a higher return than a bank deposit | £100 | Read review |
 | Lithuania | 13-27% | Finbee is a small site that offers personal loans at fairly high interest rates. There are no 'buyback guarantees'. While rates are fairly high, some loan grades have had high default rates. Most suitable for sophisticated investors who like to invest on multiple sites, and are happy to take some extra risk. | Visit Lenndy | |
 | Slovakia | 6-25% | Zlty Melon is a well established, but quirky site based in Slovakia. A long established platform. Some high returns can be found in their personal loans if willing to take a little risk. However, we don't think their mortgage products make sense for most investors | +1% | Our interview with Zlty Melon |
 | Europe | 12-14% | Lenndy is slightly rough around the edges and needs more development, but it is worth monitoring as it is one of the few multi-lender European P2P sites, and the returns available are strong | Visit Lenndy | |
 | Europe | 14% | Grupeer offers loans from more than 10 lenders. Most loans have buyback guarantees and have high rates (around 14%), but are at the higher end of the P2P investment risk spectrum | Visit Grupeer | |
 | Germany | 4-10% | One of the largest European P2P platforms, which offers German personal loans. Investors must have a German bank account. Worth considering if you are German, want to invest with an established site, and are cautious about P2P | Visit Auxmoney | |
 | Europe | 12% | Fixura claims to generate net 10% returns for investors. Beware of their fee structure though, which we don't think is that appealing for investors | Visit Fixura | |
 | Europe | 9% | Iuvo offers loans from 2 Bulgarian lenders and a Romanian lender. All have buyback guarantees. The site is growing but still small, and we think it needs more time to develop to compete against other options available in Europe currently | Visit Iuvo | |
 | UK | 4.5-6% | Lending Works requires investors to invest for either 3 or 5 years. We think there are better options in British P2P currently | Visit Lending Works | |
 | Europe | 10% | Twino is one of the largest and more established European sites. However for many reasons we have reservations about them and think there are better options | More about Twino | |
 | Europe | 31% | Bondora is a fairly controversial name among European P2P investors. Some have had good experiences, others have been very disappointed. It's a complicated story, and we think Bondora is only suitable for investors willing to do a lot of research and take some extra risk | Visit Bondora |
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