Archives for: January 2012

YES-secure publishes default data

January 30th, 2012
YES-secure
I was pleasantly surprised to see that YES-secure have now published their loan default data for 2010 and 2011.  I've been busy going through the maths and have double checked the figures, and I can publish the actual lifetime default rates.  This infor… more »

Rates on Funding Circle start to rise

January 25th, 2012
Funding Circle
Lending rates on Funding Circle have started to rise as they now have 33 loan requests running for a total of £1.8 million.  I myself managed to get a loan rate of 13.8% for a B graded company only last week.  If that wasn't incentive enough for new len… more »

Funding Circle offer £500 gift voucher

January 20th, 2012
Funding Circle
Funding Circle are running some more offers to lenders, both new and current.  Lend £5000 or more by 1st March and you will receive a £50 Virgin gift experience voucher.  Lend £10,000 or more by 1st March and you will receive a £150 Virgin gift experien… more »

Good time to be a lender

January 13th, 2012
RateSetter
Following on from the previous post on the January rush, now is a good time to be a lender.  P2P Money would strongly encourage lenders to add a few pounds to RateSetter as rates have been rising to levels not seen since the summer.  RateSetter is the o… more »

Predictions for 2012

January 10th, 2012
P2P Money have now published their predictions for 2012. more »