Archives for: March 2012

The Lending Well offers P2P payday loans

March 30th, 2012
The Lending Well
Another new entrant has joined the peer-to-peer arena, this time specialising in payday loans.  The Lending Well offers lenders a fixed 12% AER before tax and bad debt for any money lent out.  It charges borrowers 1% per day or a representative 2464.8%… more »

Earn £50 with Zopa

March 26th, 2012
Today P2P Money can offer an increased £50 cashback if a new user signs up to Zopa and is successful in lending £2000 by the end of 2012.  This is an amazing offer and with rates on Zopa starting to rise, now is a great time to be a new lender on the bi… more »

Is Funding Circle squeezing out the genuine lender ?

March 23rd, 2012
Funding Circle
Today I received an intersting email from Dave, one of the blog's readers concerning recent events on Funding Circle.  These thoughts have been echoed elsewhere on the Zopa forums, so it certainly isn't unique.  I've published this email removing any pe… more »

BigCarrots disappears

March 13th, 2012
It appears that one of the smaller P2B companies has - disappeared.  BigCarrots was detailed on P2P Money, but the website has now been replaced with a holding page.  According to BigCarrots own data (taken before the website went offline), they had… more »

Zopa celebrates its 7th birthday

March 8th, 2012
This week Zopa celebrates its 7th birthday.  Many happy returns ! Peer-to-peer lending has come a long way since the early days in 2005.  "Welcome to Zopa The first lending and borrowing exchange" was the intro on Zopa's original web site, with the lim… more »