Archives for: April 2012

New forum for peer-to-peer lending and borrowing

April 29th, 2012
P2P Money
P2P Money has launched a new forum.  It isn't our intention to duplicate the existing forums, such as Zopa Talk or the independent Funding Circle Forum, but to provide a central link to each of these valuable resources of knowledge. Where an existing fo… more »

Zopa to reintroduce 2 and 4 year loans

April 24th, 2012
Zopa
Today Zopa announced that in May they will be reintroducing 2 and 4 year loans.  The existing 36 and 60 month lending offers will be renamed "shorter" and "longer", with "shorter" encompassing the 2 and 3 year loans, and "longer" covering the 4 and 5 ye… more »

Funding Circle passes the £30million mark

April 23rd, 2012
Funding Circle
Today Funding Circle passed the £30million mark for the total amount of loans that it has arranged.  It is currently arranging loans at rate of around £80,000 per day.  This is another noteworthy milestone for Funding Circle. One other interesting stat… more »

P2P Money in the press

April 22nd, 2012
P2P Money
We were pleased to see some of our data published in the Financial Times this weekend, and we get a mention on the FT Money Show podcast. The P2P money website publishes data on the financial returns from the major P2P companies, before and after fees,… more »

Encash / YES-secure remain quiet

April 18th, 2012
Encash
There has been significant activity on the Encash / YES-secure forum recently in response to the reduction in maximum lending rates to a level where lenders could be losing money.  However despite this, there has been no response from the company on eit… more »