|« Peer-to-peer lending exceeds £300million||Funding Circle 1.5% cashback »|
RateSetter published some screen shots of their upcoming rebranding, and from first impressions they look stunning. The mauve colour scheme has been replaced by purple, with some dark and mid greys on a white background. There is also an additional vivid blue which works very well with the purple and grey. Below is one of the screen shots.
The current RateSetter website is easy to navigate, and we look forward to using the updated design which will hopefully make it even better. The new site is planned to go live on Sunday 29th July.
Putting aside the aesthetics, the lending rates on RateSetter are still very good with 6.08% AER available in the 60 month market, and this rate is after fees, predicted bad debts and basic rate taxation. For borrowers a typical rate of 8.7 % APR available in the rolling monthly loan for a £5000 loan over 12 months. Now is an excellent time to join RateSetter.