Category: Borrowing

FCA publishes rules for P2P lending

March 6th, 2014
Today the FCA (Financial Conduct Authority) have published the policy statement "The FCA’s regulatory approach to crowdfunding over the internet, and the promotion of non-readily realisable securities by other media".  The response was as we had expecte… more »

Earn cashback with peer-to-peer lending

February 17th, 2014
P2P Money
The P2P money website is pleased to announce that there are now five cashback schemes for new lenders, and four cashback schemes for new borrowers.  Lenders are able to earn up to £40 with Funding Circle, and personal borrowers are able to earn up to £2… more »

When lending goes wrong

February 16th, 2014
Funding Circle
There has been an interesting discussion on the independant P2P forum about a loan recently made by Funding Circle.  Without naming the company concerned, they already had a loan arranged though the platform and applied for a second loan.  When companie… more »

Is RateSetter a bank?

January 30th, 2014
RateSetter
We recently received a question from one of our readers about peer-to-peer lending: I have lent money on a variety of P2P platforms but mainly on Zopa and Ratesetter.  It never occured to me to look at the borrowing side of these sites until today.  … more »

Madiston LendLoanInvest launch

January 29th, 2014
Madiston Lend Loan Invest
Some lenders may be aware of the peer-to-peer provider LendLoanInvest, as this company has been in development for several years.  The company has finally launched with a new name "Madiston LendLoanInvest" and logo to avoid confusion with LendInvest.  T… more »