Nov 4, 2018
Lending Loop: Private lending in Canada as a source of side income
Lending Loop: Private lending in Canada as a source of side income
Few ground rules
Not available in Québec for the moment. Solly.
They take a cut for making these loans available – 1.5% a year (Rates & Fees here)
Loan terms can be a few months or a few years and you will get interest payments on that loan during that time as they pay it back over the term of the loan, but your money is LOCKED INTO THIS for that period of time.
You can only invest up to a…
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