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Reasons to start using peer-to-peer (P2P) lending platforms Great Britain 2014

This statistic gives an overview of the factors influencing decisions to start using online peer-to-peer (P2P) lending platforms, according to adults in Great Britain in 2014. It was reported that 20 percent of respondents started using such platforms in part because of high rates on offer. Another 10 percent reported that a pay increase influenced their decision to start using online P2P lending platforms.

Factors influencing customer decision to start using online peer-to-peer (P2P) lending platforms in Great Britain in 2014*

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Sources

Release date

October 2014

Region

United Kingdom (Great Britain)

Survey time period

October 2014

Number of respondents

119**

Age group

18 years and older

Special properties

British adults.

Supplementary notes

* The question was phrased by the source as follows: "Which of the following factors influenced your decision to start saving or investing with online peer-to-peer lending platform?"
** Base for this question (respondents who have used online peer-to-peer lending platform).

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