Tags: p2pmoney

RateSetter provision fund

November 3rd, 2012
RateSetter
RateSetter has provided a positive statement about their provision fund which is used to repay lenders where the borrower defaults.  RateSetter currently has the lowest default rate of any comparable peer-to-peer provider and with the added protection o… more »

ReBuildingSociety introduces cashback

October 29th, 2012
ReBuildingSociety
ReBuildingSociety, a new peer-to-business company, has launched a cashback scheme for new and existing lenders (who registered after 1st October).  The cashback is £50 for lending £1000 or more by 30th November 2012.  This offer has been listed on the P… more »

FundingKnight launch

September 20th, 2012
FundingKnight
FundingKnight is the latest entrant to the peer-to-business (or "crowdlending" as they prefer) market.  Other companies operating in this segment are Funding Circle and ThinCats.  FundingKnight are targeting secured loans of between £10,000 and £100,0… more »

Looking into late loans

September 6th, 2012
RateSetter
We've talked about "bad debt" and "defaults" numerous times on the P2P money site, but one thing that we haven't covered much are "late loans".  Usually before a loan is written off it is late, as the borrower has fallen behind on repayments for whateve… more »

Lies, damn lies and statistics

July 20th, 2012
We have all seen the advertisements “8.8% gross yield”, “earn 8.6% AER", "average gross rate was 10.4%", "returns typically above 8%", "average interest... 10.49%".  One of the reasons the P2P Money website came into existence was to provide a level com… more »