Peer-to-peer (P2P) lending can be safe, but it also involves risks. P2P lending platforms connect borrowers directly with investors, allowing investors to earn interest income by lending money to borrowers. However, investors should be aware of the potential risks, such as borrower default or late payments, which could result in a loss of invested capital. Additionally, P2P lending platforms may not be covered by deposit insurance, which is available for traditional savings accounts at banks and credit unions. To minimize risks, investors should carefully research P2P lending platforms and diversify their investments. P2P lending platforms may also have measures in place to mitigate risks, such as credit checks on borrowers and collections processes for late payments.