Beginner friendly: Moderate

Peer-to-peer lending hubs provide a platform for individuals to lend money directly to others in exchange for interest. Setting up an account on these platforms is generally straightforward and involves creating a profile, linking a bank account, and depositing funds to start lending. The ease of making money with this side hustle can vary. While it is accessible for beginners with no special skills or background, success often depends on understanding the risks involved, diversifying investments, and conducting thorough borrower research. Online resources like Reddit, forums, and YouTube tutorials can provide valuable insights and tips for new lenders. The potential to start earning a profit can range from a few weeks to a few months, depending on the lending platform and investment strategy. I'd rate it a 2 because while it is doable with time, effort, and learning, it requires proactive management and a willingness to educate oneself on the lending process.