No. Peer4Peer Lending, LLC runs the marketplace and facilitates loans between members. We do not lend our own funds.
Your state's statutory small-loan cap. In states without a cap, 35% APR. No loan on Peer4Peer ever exceeds 35% APR.
$50 to $500 on the free plan, up to $5,000 with Plus. One active loan at a time.
The 4% platform fee is added to your final payment. You receive the full loan amount when funded.
Any credit check we run is a soft inquiry, which does not affect your credit score.
Yes. If no lender has made an offer within 24 hours, you can cancel your request from the app.
Bank links use Plaid, cards use Stripe, and sensitive data such as your SSN is encrypted. We never sell your personal data. See our Privacy Policy.
In the app: Profile → Delete my account. Or follow the steps on our Delete Account page.