Archives for: August 2013

RateSetter break £100million mark

August 27th, 2013
RateSetter
RateSetter has today passed the £100million mark in the loans it has arranged.  This is a phenominal achievement and only the only other two companies to achieve this are Zopa and Funding Circle. more »

Funding Circle raise minimum rates

August 21st, 2013
Funding Circle
Funding Circle have announced they will be raising some of the minimum lending rates by up to 0.2% from September.  As peer-to-peer lending becomes more popular there is a race towards the bottom on lending rates, and there is the concern that lenders a… more »

Zopa drop 1 year loans (again)

August 17th, 2013
Zopa
Zopa have announced they are dropping 1 year loans again.  These loans were originally dropped by Zopa as they were uncompetitive for borrowers, despite some lenders favouring them.  They were brought back at the start of this year, but by Zopa's admiss… more »