Lifestyle

Review // Lending Works*

ByLisa Jayne 



Now that I’m a homeowner and have to worry about paying my bills etc, money’s a little tighter than it used to be. Where I used to be able to do what I liked with my money, I now have to budget to make sure I can pay my bills and keep food on the table. While I’m doing okay financially, I don’t have a lot of spare money to buy some of the huge parts of furniture I need for the new place. I also don’t have a lot of savings for if something was to suddenly break, or if I’d need to buy a new washing machine. 
As that’s a rather scary thought, rather than spending sleepless nights panicking about it, It’s time to think about my other options. That’s where sites like Lending Works come in handy. Some people have savings, or inherit money, and want to invest it into something where they can receive a decent return on their investment. And peer to peer lending platforms, such as Lending Works, are helping those who need it, being a safe and legitimate way of lending and borrowing money from your peers.




When you lend with a peer to peer lending online, your money is split between a number of borrowers, who have all undergone vigorous checks, minimising the financial risk to yourself. Not only that, but you’re also covered by their insurance, protecting you against missed payments, so no more awkward conversations when your friends can’t pay you back on time.








Lending Works is the only peer to peer lender that currently offers this service, and lending your money over 5 years could give you 6.4&% return on your money. 




Not only can you lend money, but Lending Works is also an affordable way of borrowing. All you need to do is use the loan calculator on the website and input the amount you want to borrow and for how long, and it calculates an estimate of your monthly repayments for you. There’s no fees for over payments or early settlements, making it a lot easier than other borrowing sites. Although it’s worth keeping in mind that this is just a quote, and not necessarily what the repayments will be after the application has been reviewed. 




I think this is a great option if you’re in need of a helping hand, and I’ll certainly be considering it if my washing machine decides to blow up in the future.


*Sponsored Post





	

	





			

			

				

					
Similar Posts
					

						



		

		


		

		
			Lifestyle		
	

	
Shopping Holidays

	ByLisa Jayne					
											
					



	

		
Being a young female addicted to buying beauty products, and not having the ability to turn down a Boots 3 for 2 offer, shopping is of course something I love. Another thing I love is holidays, be it a few days away for a city break, or a long week in the sun. So of…

	

	
	










		

		


		

		
			Lifestyle		
	

	
Creating A Memory Box

	ByLisa Jayne					
											
					



	

		
Over the past couple of years there’s been some pretty big events. I’ve graduated, got two adult jobs, been to hen do’s, friend’s weddings, and even friend’s baby’s christenings. There’s been numerous great days out with friends, and I’ve been to some great shows. All of these events I have great memories of, so I…

	

	
	







		

		


		

		
			Lifestyle		
	

	
Christmas Candles

	ByLisa Jayne					
											
					



	

		
This Christmas I’m really into burning festive smelling candles. In fact, I sat burning a few, watching Christmas films whilst I did all my Christmas wrapping. I’ve always been a bit of a scented candle addict, but there’s a few that I’ve found very fitting for this time of year. As I have a few favorites this year…

	

	
	










		

		


		

		
			Lifestyle		
	

	
Uni Bedroom Room Tour

	ByLisa Jayne					
											
					



	

		
As I mentioned in my favourites post I’ve recently moved back to university for my third and final year – scary stuff. This year I’m actually living in a house with my two best friends and my boyfriend. When I first moved in I wasn’t too happy, our house was in a complete state. But…