Tags: ratesetter

Funding Circle and RateSetter win awards

May 10th, 2013
Funding Circle
Funding Circle and RateSetter, two of the leading P2P companies in the UK, have won awards in the CreditToday awards. Funding Circle won the Alternative Lender of the Year (Commercial) and RateSetter the Alternative Lender of the Year (Consumer).  This… more »

Zopa launches safeguard

May 1st, 2013
Zopa
Zopa has launched a new feature to protect lenders from bad debt, and this is called "safeguard".  Where a borrower is unable to repay their loan, the Safeguard will step in.  It is our understanding this will operate similar to the provision fund opera… more »

RateSetter offer secured loans

April 26th, 2013
RateSetter
RateSetter, one of the clear leaders in the peer-to-peer sector, have announced that they will now offer secured loans.  RateSetter already offer protection to lenders with their provision fund, and this simply would mean the provision fund would be abl… more »

P2P companies show an increase in late payments

January 28th, 2013
The Christmas and new year period has given rise to a small but noticable increase in late payments in the P2P companies that we are tracking.  Zopa and RateSetter showed a very small increase, bringing their overall late payments to 0.14% and 0.64% res… more »

RateSetter break £50million barrier

January 21st, 2013
RateSetter
RateSetter have broken the £50million barrier in terms of the number of loans they have arranged. This is a fantastic achievement for a peer-to-peer company. January and February are typically very busy months for personal loans, so expect to see this… more »