Proplend Proplend* has given an update on its P2P mortgages to commercial and residential property owners that are leasing out their properties. One loan was repaid about a month late. Lenders earned an extra 20% interest in the month they were waiting for their money…
New Lending Works* IFISA customers can earn between £50 and £500 cashback, if you transfer cash ISA, share ISA or IFISA cash into the Lending Works IFISA. This is a very limited time exclusive offer. Even we don’t know how long we can exclusively offer it…
What is the one huge difference between equity crowdfunding and peer-to-peer lending? The risks of P2P lending are generally lower than the stock market. Whereas equity crowdfunding – buying shares in startups through websites – is among the riskiest investments this side of a scam, making it…
Both of Lending Works’ lending accounts receive the top rating and a highly favourable review from our experts. But I’ll tell you now that there’s not an ocean’s difference between them. Still, if you’re a keen lender, some small differences in repayment timing, interest rates…
For the first time, Assetz Capital is going to declare losses on some loans, it has told 4thWay. In other words, it’s writing off bad debts that it sees no prospect of recovering in full. Its reserve funds – which it collectively calls “provision fund”…
As peer-to-peer lending website Assetz Capital’s loans have matured (got closer to their final repayment dates or been fully repaid by borrowers) we can now see better how they perform in terms of bad debt. In addition, the mix of different types of loans offered…
Taking a hard, cold look at that jumble of ideas, desires and fears we have in our own noggins should not be an afterthought, and reading about investor psychology not just something to do one idle evening in an armchair after we’ve already got our…
Thank you for all the fantastic feedback we have received from all our users, industry insiders, as well as experts in our fields who we’ve respected for a very long time. It really helps all the writers, specialists and the whole team at 4thWay to…
Some 4thWay users asked us about three P2P lending sites missing from the 4thWay comparison tables, and about a fourth P2P lending site that has been proving frustrating. Here are their questions and our answers. S Smith, 4thWay user: I think your website is very…
A long question from 4thWay reader Pete Harper about Funding Circle. Pete Harper, 4thWay user: How do you all feel about Funding Circle and their bad debts these days? I decided about 6 months ago to pull out of FC because of what seemed…
In this article today, I’m looking at P2P lending company money: which P2P lending sites put a lot of their business cash on the line? This is to follow up on the recent 4thWay article about P2P lending site founders who lend their own money…
Cliff is an experienced freelance investment journalist. Read about Cliff. P2P lending investment trusts At the end of September, I wrote an article explaining how UK investors can make money by investing in specialist funds that themselves lend investor money through peer-to-peer (P2P) lending websites or…
When considering P2P lending websites that focus exclusively on straightforward UK personal loans, you’ve basically got the choice between Zopa, Lending Works*, Lendable and Madiston LendLoanInvest. Which is the best personal loans P2P lending site? Lendable provides no information on which anyone can assess the…
It wasn’t long ago that we compared Crowd2Fund* to Funding Circle. (Read Crowd2Fund Versus Funding Circle: Which Is Better?) Since then, I have been passed an update on bad debts from a colleague. The proportion of all-time loans that have gone bad at Crowd2Fund (the…
Tax-free P2P lending through a pension is back! For a couple of years, SIPPclub helped many people use SIPPs – a kind of pension – to collectively lend more than £20 million on a range of P2P lending sites. It was covered in an article…
This article was originally published on 11th October and has been updated due to fresh statistics from Crowd2Fund. Crowd2Fund was one of the first P2P lending sites to be granted full authorisation by the financial regulator. It does loans to small businesses paying 8% to…
There are a lot of ways to look at a P2P lending site to get a handle on the risks. Here are three ways that can lead to false positives. 1. The P2P lending site has won awards Almost since P2P lending started, P2P lending…
What we learned about RateSetter’s experiments Rhydian Lewis, RateSetter’s* CEO, got the chance to present his business recently. I’ve set the above video to start from the point where I think it might be particularly interesting to individual lenders as regards to RateSetter’s own business,…
One of the two first questions* that Leigh Baker, 4thWay’s chief risk modeller, asks senior people in the industry is: “How much have you lent through your own P2P lending site?” What particularly interests us is not just the amount that the founders and other…
Here’s a picture to show you what the UK’s Financial Conduct Authority does and what it doesn’t do to make P2P lending safer. The FCA has effectively blocked around 300 applications from businesses wanting to start a P2P lending site and I have seen its…
