Tags: funding circle

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 »

Santander eyes move into P2P lending

July 22nd, 2013
Funding Circle
There was a very interesting article in the Financial Times regarding a possible tie up between Santander and Funding Circle. The UK arm of the Spanish bank is in discussions with Funding Circle – one of  the largest peer-to-peer lenders – to join fo… more »

ThinCats join P2P Finance Association

July 13th, 2013
ThinCats
ThinCats, the fourth biggest peer-to-peer company by loans arranged, has joined the P2P Finance Association, a trade body setup by Zopa, Funding Circle and RateSetter. Between these four companies, they have arranged over 97% of all peer-to-peer loans,… more »

Industry comments on Funding Circle changes

July 4th, 2013
Funding Circle
It has been alost two weeks since Funding Circle raised their minumum lending rates, and then amended them following feedback from lenders.  Some of Funding Circle's peers within the industry have added some of their comments. Comment from ReBuildingSo… more »

Funding Circle change minimum lending rates

July 1st, 2013
Funding Circle
Funding Circle have made some amendments to their minimum lending rates.  The P2P money blog reported last week that the minimum lending rates had been increased from 4% to between 6% (for A+ borrowers) and 10.5% (for C borrowers).  Following 64 pages o… more »