Harmoney's P2P loan insurance a Kiwi world first

Harmoney's P2P loan insurance a Kiwi world first

Posted 12 July 2016.

Harmoney has claimed to be the first in the world to use peer-to-peer lending for 'unforeseen hardship' on loans, the company reports. Its Payment Protect offering is a 'repayment waiver' that can protect against unexpected events that can affect loan repayment, such as death, terminal illness, disability or redundancy.