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goPeer is a Canadian lending platform that helps everyday Canadians lend and borrow from each other. They are the first of their kind in Canada and take an innovative approach to lending. Their mission is to empower Canadians to help each other achieve their goals faster. goPeer offers better rates to borrowers than traditional lenders and offers Canadian investors access to a new passive income asset class.
Borrow money from Canadians through peer to peer lending.
Loan amounts range from $1,000 to $25,000, with rates (APR) between 7.5% to 31.5% depending on goPeer’s assessment of your credit profile.
goPeer charges borrowers with one single origination fee, and the amount of which is dependent on how much you would like to borrow and goPeer’s assessment of your credit profile. There are no early repayment fees or hidden costs for taking out a peer to peer loan on goPeer.
As a goPeer investor, you invest in consumer loans. Only people who have passed goPeer’s rigorous credit assessment process can borrow through goPeer.