1. Secondary Market Liquidity Issues
More states will have access to the primary markets that previously did not. As a result investors that have been forced to use the secondary market will flock to the primary market for obvious reasons. The number of buyers on the secondary market will sink and selling notes will become increasingly difficult without higher discounts.
2. Institutional Investors Move In
It will not be uncommon to log in to your account one day and see the number of notes on the primary market drop by 50% from the previous. As institutional investors realize they can exploit the P2P platforms for massive gains, more and more of them will snap up large portions of loans. Lenders will have trouble buying the notes they want at an acceptable rate. If the stock market takes off and / or interest raise rise, lenders will allocate more money else where due to the time it takes to invest any significant amount of cash in P2P lending.
3. Note Repurchase Program
The platforms offer a new service where notes are guaranteed to be purchased (that are in good standing) at some spread that exceeds 1%. These notes will be repackaged into bonds that are then sold institutional investors to help alleviate prediction one and two. A portfolio can be liquidated in one day as a result of the new repurchase program.
I rank these predictions in the order they are most likely to happen.
Happy New Year