MoneyPlace is a peer-to-peer lending platform which connects borrowers to willing investors. Peer-to-peer lending platforms like MoneyPlace provide borrowers looking for personal loans with an alternative to traditional banks.
MoneyPlace works differently to a traditional bank. As a peer-to-peer lender, MoneyPlace doesn’t provide borrowers with the finance for a loan; instead, it connects them to a range of investors willing to loan funds.
MoneyPlace is an online-only operation, which means it doesn’t have branches. You can apply for loans online, however they also have a customer service line if you need customer support.