Category: Borrowing

Zombies attack London

January 16th, 2014
Zombies have attacked London!  Unlike the typical zombie, these type of zombies can seriously affect your wealth. We are - of course - talking about zombie accounts.  These are accounts which are dead to new funds, and wher… more »

Zopa introduce Rate Promise

January 9th, 2014
Zopa
Zopa have today announced they are introducing a Rate Promise which ensures that lenders earn an average return of 5% AER over the lifetime of 5 year loans originated within the offer period.  If lenders prefer a shorter period, Zopa are promising a 4.1… more »

Funding Circle pass £200million in loans

January 8th, 2014
Funding Circle
In September 2013 we reported Funding Circle has broken the £150million mark, and less than 4 months later they have passed the £200million barrier.  This is quite an achievement for a company that only started facilitating peer-to-peer loans less than… more »

Squirrl.com to close

December 26th, 2013
Squirrl.com
Squirrl.com has confirmed it is to close at the end of 2013.  We had predicted this only a month ago, and unfortunately this has proved to be true.  Squirrl.com last made a loan in December 2012 and since then there has not been any new loans listed on… more »

Companies exiting P2P market

December 15th, 2013
Encash
With no less than thirteen new peer-to-peer companies launching in 2013, there are two companies that have effectively exited the P2P market this year.  These companies are Encash (YES-secure) and Squirrl.com. Encash has only arranged three loans in 20… more »