Category: Borrowing

Budget 2015

March 19th, 2015
The 2015 budget didn't contain any firm commitments on the ISA front there was the confirmation that lenders will be able to offset their P2P losses from April 2016. Excepts from the Budget 2015 document: 2.83 Extending ISA eligibility – The list of… more »

Peer-to-peer lending turns 10 today

March 9th, 2015
Zopa
Peer-to-peer lending turns 10 today, which can only mean that today is Zopa's 10th birthday.  Many happy returns (excuse the pun)! We should also remember that peer-to-peer lending originated here in the United Kingdon with the launch of Zopa - "The fi… more »

The largest peer-to-peer company

January 13th, 2015
For years Zopa were regarded as the "largest" peer-to-peer lender in the UK.  This should not be surprising as they were the first and had been been running for several years before any serious competition emerged.  However RateSetter now state the foll… more »

Wonga's peer-to-peer offering closed down

January 10th, 2015
Invest and Borrow
We reported back in May 2014 that Wonga, one of the most well known brands within the financial services sector, had launched Invest and Borrow, a new peer-to-peer payday provider.  Invest and Borrow charged borrowers a representative 75% ARP, but pay l… more »

Funding Circle launch TV advert

October 23rd, 2014
Funding Circle
[video:youtube:wCShDJSUGVY] Funding Circle have launched a TV advert, following Wellesley & Co earlier this year.  The advert is aimed both at lenders and borrowers and should raise the profile of the company still further. New lenders and borrowe… more »