Welcome to Radical Personal Finance, the show dedicated to providing you with the knowledge, skills,

insight and encouragement you need to live a rich and meaningful life now while building a plan

for financial freedom in 10 years or less. My guest on today's show is Peter

Renton. Peter is a world-class expert on the subject of marketplace lending

aka peer-to-peer lending.

He's the founder of Lendacad Academy and the Lendit Conference,

and today he's here with us to share some knowledge and insight

on the topic of the current state of marketplace lending.

Peter Renton, welcome to Radical Personal Finance.

Thanks Joshua, great to be here.

I'm going to talk about peer-to-peer investing and based upon my research I guess you're not the you're not the grandfather or the godfather of the industry

But you kind of got a place of prominence in this in this world.

Hey, how did you get into this peer-peer investing thing?

Well, you know, it's good to be first, isn't it?

But, yeah, I started, I first discovered peer-to-peer lending.

When I read an article article I think it was in

Money magazine back in 2008 and I just sold my second company and was really looking

you know for other other investment ideas or alternative investment ideas, shall we say,

particularly when I saw the stock market crashing and my all fixed income kind of went down to zero pretty much so I was very much in in the market for something

about prosper,

unfortunately prosper by the time I got around

to doing something about it was in a quiet period

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