Guides, Reviews & Tips

Why do peer-to-peer lending? It offers much greater returns than savings with lower risk than the stock market even when you commit your money for less time.

4thWay provides candid information about all the risks and benefits, so that you can decide for yourself whether it's right for you.

Below we show you five great ways to learn about peer-to-peer lending and P2P IFISAs, so you can earn more money, more safely!

The sections on this page

Read our 10 Core P2P Lending Guide pages

What is P2P Lending? Or see an image explaining the same in How Peer-to-Peer Lending Works.
Is Peer-to-Peer Lending Safe?
4thWay's 10 P2P Investing Principles.
The 13 Key Peer-To-Peer Lending Risks. (And two more risks in IFISAs: IFISAs: What Are The Risks?)
4-Step Strategy to Safe Peer-to-Peer Lending.
10 Ways To Get Your P2P Lending Money Back!
Peer-to-Peer Lending Vs Other Investments.
How Is Peer-to-Peer Lending Taxed?
The IFISA (P2P ISA) Guide.
How One Lender Is Losing Money – A Lesson In P2P Lending Diversification.

Other popular mini-guides include Can Your Business Lend Through P2P? and How Much to Invest in Peer-to-Peer Lending.

If you get stuck for understanding any jargon, we offer you our Peer-to-Peer Lending And IFISA Glossary.

Every single word on this website is 100% original research and opinion from 4thWay, the first P2P ratings agency in the world. We are regularly the victims of plagiarism from other news sources, from bloggers or from money websites. These copycats sometimes even copy incorrectly, leading to dangerously incorrect information. So please support us by reading our content! Sign up to our newsletter.

Compare lending products and IFISAs

Compare all P2P lending products, including IFISAs or just compare IFISAs.

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See P2P lending reviews from 4thWay's specialists

There is probably no better way anywhere on the Web to quickly learn about each individual P2P lending opportunity than by reading reviews from our specialists.

Read our very popular and educational reviews for each P2P lending site by going to the compare page and then clicking on the reviews that interest you, so that you can see other key information side-by-side, such as their 4thWay PLUS Ratings.

Or you can click on the links here if you just want to read individual reviews in peace:

Read our latest research and tips

Full HNW Lending Review

The last time we conducted a full reassessment on HNW Lending was over a year ago, as their update here was temporarily on hold while we awaited a little bit of progress in some court cases.

It takes a lot of time and effort to reassess HNW Lending and so I'm glad now to provide you again with the fruits of our research.

This Will Help you!

4thWay doesn't often write about this theme, but our head of research has some interesting points that just might convince you to divert a little of your money to lending here – and feel good about it almost regardless of your lending returns!

Which P2P Lending Companies’ Lending Fees Are Not Tax Deductible?

Are lender fees tax deductible and what does that even mean?

Which P2P lending companies currently charge fees that aren't tax deductible, what is the impact on your returns and how much extra does it cost you when the fee isn't tax deductible?

Find out now.

We Answer IFISA And Other Tax Questions From 4thWay Readers

We have two questions on “flexible ISA” rules and one on the taxability of fees for selling your loan parts. Read on.

A Light Summary Of LEND.ch, The Swiss P2P Lending Provider

Want some light reading that's a bit different? Take a look at this brief write-up of a Swiss P2P lending company, with lending in Swiss francs to individuals, to businesses and to property owners.

I Don't Know How Many Times We Have To Tell Lenders This!

It reminds of the old James Brown song: Please! Please! Please! Pleeeease! You don't have to go (there)!

Successful money lending is so simple, but only if you get this basic thing right. Please take the time to soak this up. Read on.

There Are Only Two Good Reasons To Borrow Money

If you're money lending, you're probably fortunate enough not to be going down a dark borrowing spiral, but it's important to look at the other side too.

So what's a good reason to borrow? There are two rational reasons.

Getting A Dashboard Overview Of All Your Loans

It's not always easy to use your online lending accounts, track your loans, see how they are performing and how you're doing overall. That's why, if you have at least five lending accounts, we have some questions for you on how a 4thWay dashboard to help you might look. Begin.

Peer-To-Peer Lending Swiftly Recovered From Inflation

Some research accompanying the latest update of the 4thWay P2P And Direct Lending Index – with figures up to the end of the first quarter – finds that, while inflation remained high for years, it took no time at all for lenders to make up for it. Read more.

Why Is It That Property Lending Is Lower Risk Than BTL Or Shares?

Matt Howard explains why lending contains risks better than owning property or shares.

HNW Lending Wins Ruling, Contra To Lost Case Last Year

Directly contradicting a ruling last year, a new judge has agreed that HNW Lending is allowed to pursue borrowers in court without needing to resubmit the claims with a named lender. Read what happened.

The Inaccuracy Of Property Price Forecasts And What To Do About It

What would you do if you saw someone trying to drink orange juice out of a sieve? Would you tell them it doesn't work but they should do it anyway?

It's just like that when relying on forecasts for making your decisions. Read about just how “reliable” forecasts are and the tools that lenders can use instead.

25 Peer-To-Peer Property Lending Websites

We've updated our complete list of all your property lending opportunities.

This is good for a summary of their scale, typical returns and bad debts, and other vital statistics.

Everything On IFISAs This New ISA Season

Look no further. Here's everything you need to know:

Visit 4thWay's IFISA comparison tables to find out which IFISAs are rated Exceptional by 4thWay in our rating system with a perfect record – or simply to read our specialists' candid reviews on different IFISA providers.

Visit The Peer-To-Peer IFISA Guide to get answers to all your questions about how IFISAs work and the taxes.

Read IFISAs: What Are The Risks?

The Lead Weight Of Responsibility

Whoa, this is heavy.

In possibly his most candid piece yet, 4thWay's CEO unburdens his soul on leading the research that has brought 11 years of success to all lenders consuming 4thWay content.

Being diligent about the responsibility of calling the shots accurately appears to have good and bad sides. Read on if you want something very different – and very personal – compared to our usual content.

Lendwise Review – Updated

While 4thWay no longer conducts its resource-intensive, core ratings assessment on Lendwise, this rare, non-property P2P lending company still supplies very detailed data and is open to answering our questions.

The Lendwise Review has been updated. The most substantial changes are in the section How good are Lendwise's interest rates, bad debts and margin of safety?

Kuflink Review Update – And Some News When Lending Before 6th May

4thWay's leading specialist has conducted another forensic investigation and the team has reassessed the risk-reward balance of the underlying loans using the banking tests that underpin the 4thWay PLUS Ratings.

The Kuflink Review has been updated with the latest information. Let me point you to the section in the review that summarises both March 2025 news and the most notable findings from 4thWay's Kuflink reassessment.

Proplend Review Update – Risks Lowered Further

Proplend lenders have now earned nearly 700 times as much money in interest as in write-offs.

But that's not even the most important finding from the detailed reassessment of Proplend, led by our Head of Research.

Jump to the summary of 4thWay's biggest findings on Proplend or read the entire updated Proplend Review.

Update On The 3 Most Profitable P2P Lending Providers

Well over a year ago, we shared with you the most profitable P2P lending companies that are transparent with 4thWay about their people, processes, results and lending data.

See how their financial health looks now.

Loanpad Review: Reassessment Finds 5 Items Of Note

We’ve completed another reassessment of Loanpad and its rating. Quite a few things came up. If you’re not familiar with them, check out the whole review. If you want a summary of the five biggest new items of note, hop straight to the section: “The five biggest items from our March 2025 reassessment of Loanpad“.

Best Innovative Finance ISAs In 2025

In selecting the best Innovative Finance ISAs, our specialist is looking for excellent, stable, consistent historical results, strict standards when assessing loans, and a team that is capable of following through with those assessments.

4thWay P2P And Direct Lending Index: Biggest Losses Ever

December 2024 had the most bad-debt losses in the 4thWay PADL Index since it's beginning in 2014. Read more here.

Invest & Fund Review

Invest & Fund recently removed the 0.5% annual charge on its IFISA, boosting your lending returns, and it's hired yet another experienced person for its lending team. We've done a thorough reassessment of this provider and found that if anything it's even better than before. Impressive. You can see the review here.

The 13 Key Peer-To-Peer Lending Risks

This is one of the most important pages on online lending you'll ever read on the 4thWay website. Take your time on it, learn the methods to reduce the risks, and your lending results will undoubtedly become even more secure and reliable.

Full AxiaFunder Lending Results (After A Loss)

As AxiaFunder's history has progressed and a few case losses have occurred, it has become more important for us to receive detailed information on the results of the law cases that you fund and how profitable this has been for you.

AxiaFunder now provides us with that data. One of our specialists has summarised its results in our review, in the section How good are AxiaFunder's returns, bad debts and margin of safety?

You will also find other small updates throughout the AxiaFunder Review.

Lande Strengthens Risk-Reward Balance

Lande has continued to make huge improvements in the quality of its loans as it looks for new borrowers or allows existing borrowers to borrow again on better terms for lenders.

Indeed, it's gradually made a variety of improvements. To read the latest reassessment of its key people, processes, lending data, borrowers, risks and rewards, read Lande Strengthens Risk-Reward Balance.

Assetz Exchange Is Housemartin

One of 4thWay's specialists updated you just a few months ago on Assetz Exchange.

Firstly, it has changed its name to Housemartin, to further distance itself from the Assetz brand.

So, if you need to read up on it in future, you'll do so in the Housemartin Review.

Secondly, as promised in October, I'm letting you know that we have details of its new plans in the event it needs to wind down its online lending business. You can read about its wind-down plans in this section.

P2P Lending Returned 5 x More Than Savings Over 10 Years

I hope you don't mind if we share a press release with you. It's not quite our usual writing style as it's tailored for journalists, but it saves us writing out basically the same fascinating research twice for two different audiences.

It's about the remarkable difference in performance between P2P lending and savings, especially when adjusted for inflation.

CrowdProperty – It's The Climactic Moment

The consequences of inflation, worker shortages and other issues that slammed into property developers a couple of years ago are finally now culminating. Delayed property-development loans and bad debts at CrowdProperty are likely now peaking.

Our specialists have reassessed CrowdProperty in full. You'll find the substantial changes to the CrowdProperty Review in the section How good are CrowdProperty's interest rates, bad debts and margin of safety?

Other updates

We are mostly only able to update the Blend Review using publicly available information, as we have limited contact and no data or documents from them.

Nevertheless, a 4thWay specialist has made some small changes throughout most of this review, if you'd like to get up-to-date. Here it is.

Proplend: What Lenders Say About It

We've updated the Proplend Review after another reassessment. While there are few changes, I want to draw your attention to a new section after fresh research into what other lenders say about Proplend.

HNW Lending Loses Major Court Case

HNW Lending has lost a court case to recover an outstanding debt, after the judge found that HNW Lending had no claim against the borrower.

Find out about this explosive result, other issues covered by the judge, and what it means for lenders in that and other HNW Lending loans.

Small CapitalStackers Update

With CapitalStackers' only two bothersome loans bothering some more, here's an update to its review. The key changes are all in the section How good are CapitalStackers’ interest rates, bad debts and margin of safety?

Another minor update

While we updated, the Unbolted Review, there is nothing of note that has changed, except to state that we are getting increasingly out of date due to receiving no fresh data from Unbolted. As time goes on, confidence in our assessment of Unbolted will therefore continue to degrade. Here it is.

Assetz Exchange Achieves Its Freedom!

Assetz Exchange's record remains perfect and looks strong, yet there's still some other news.

It's been approving a few more loans after something of a barren period and the clouds are now rapidly parting, as it clears away past issues on the board and in its historical loans, one at a time.

Here's what has changed after our latest reassessment.

LandlordInvest Winding Down – Impact For Lenders

The FCA has banished LandlordInvest's CEO and the provider, which has long paid reliable double digits to lenders, is apparently winding down at the regulator's insistence.

While we have little information, read the briefest summary and Neil Faulkner's initial thoughts on impact for lenders.

4thWay P2P And Direct Lending Index: September 2024

P2P and other online direct lending continues to outperform the stock market and with no volatility to speak of. See the comparison graph over 10.2 years.

4thWay P2P And Direct Lending Index: August 2024

The latest figures from the index comparing P2P lending and other online direct lending to the stock market over more than 10 years.

4thWay Peer-To-Peer And Direct Lending Index

The new 4thWay P2P And Direct Lending (PADL) Index was launched in August 2024. It enables investors to compare long-run returns to shares and other asset classes.

Discover the 4thWay PADL Index.

More research from 4thWay

Add to your knowledge by signing up to our newsletter, or by looking through our candid opinions (our main category of research) and P2P lending news. Every piece of research is with the sole purpose of helping you to lend better, making more money, more safely.

If you are interested in particular areas, you can visit specific sub-categories of our research: P2P property lending, P2P lending strategy, P2P and macroeconomics, and Alternative P2P Investing. You'll find it all in our articles and research section.

To get the best lending results, compare all P2P lending and IFISA providers that have gone through 4thWay’s rigorous assessments.