Unbolted has just launched. It is the newest peer-to-peer lending company to focus on pawnbroking. The company is regulated by the UK’s Financial Conduct Authority and backed by early investors in Ocado. It is currently not accepting new lenders. It is not unusual for brand new P2P lending…
Expected interest rate of 10% to lenders before bad debts. You can lend as little as £1. Assetz Capital has just released some details of its new business invoice lending venture. The P2P lending company already does business loans, as well as short-term and developer property…
AltFi predicts that we will collectively lend close to £3 billion to people and businesses in 2015. That’s twice as much as in 2014. The introduction of tax-free lending through new P2P ISAs might help boost lending even further. Lenders using RateSetter, Funding Circle and…
A common theme in all today’s peer-to-peer lending news articles and blogs on 4thWay has been the see-saw effect: more borrowers make it easier for lenders to lend at better rates while borrowers have to pay more. This encourages more lenders to come, which makes…
When P2P ISAs arrive, probably this year, we’ll be able to lend tax-free, but a surge in lenders could see interest rates plummet. Here’s how to handle it. What good are P2P ISAs? Currently, when you lend your money through P2P lending websites in return…
Two factors can impact the best and worst times to lend your money: peak borrowing months and the see-saw that P2P lending companies struggle with to keep borrowers and lenders in reasonable balance. Worst and best month to lend to consumers Kevin Allen of RateSetter…
P2P lending provision funds set aside to reimburse lenders like you and me when loans go bad are of widely different sizes and some pay out sooner than others. How big is your provision fund? Sources: the P2P lending companies and 4thWay® As you can…
Everyone’s always trying to beat the FTSE. I’ve seen several articles in the past few weeks touting shares that will do just that in 2015. The mere existence of the FTSE benchmarks seems to inspire competition for competition’s sake. 4thWay has its own benchmark of P2P lending returns…
All individual lenders on Wellesley & Co. are now spreading their risks across 100 different loans. The number will likely rise as Wellesley continues to grow. Wellesley has just reached 100 outstanding loans. The property P2P lending company automatically splits all lenders’ money across all loans. It readjusts the…
Now is a very attractive time for peer-to-peer lending with interest rates well above where they should be for the risks involved. Why is 2015 such a good year? While borrowers are being quick to get on board for the lower rates and better terms,…
Lending Works has made itself even more attractive to lenders by ramping up its interest rates. It has pushed up its three-year rate from 4% to 4.3% and its five-year rate from 5.5% to 6.1%. The five-year rate is now the best of all the peer-to-peer…
Here are the latest high-rate loans that are open for you to bid on from rebuildingsociety, the P2P lending company that finances riskier loans to businesses. B grade loan to heat treatment company Update: this loan has been extended to 15 January due to the…
You can lend money to businesses through Funding Circle graded by the peer-to-peer lending company as “A+” – its highest grade. Although Funding Circle conservatively estimates that 0.6% of these loans will go unpaid each year, not even 20 A+ loans have gone bad in the four…
I wanted to know just what kind of disaster lenders like you and me could survive when we lend our money through property peer-to-peer lending company Wellesley & Co.* so I put it to a severe test with big property price falls and lots of borrowers failing…
There’s one risk that is completely ignored by many financial institutions. Dangerously for savers and investors, this blinkered vision filters through to financial and news websites, and even to professionals who should know better. This risk is such a huge risk for people saving in…
I totally missed the potential of this when the news broke a few weeks ago. Proplend, the property P2P lending company, announced that we can now lend through it in a pension wrapper. At first I thought you, me and most people were automatically excluded,…
The oldest business and property P2P lending company has checked out how us lenders would come out of an economic disaster. Funding Circle asked Hymans Robertson, an external consultancy, to conduct the same “stress tests” on it as the banks have been required to do by the Prudential Regulation…
Through FundingSecure, you can lend against high-value items from yachts to luxury watches and fine art. The pawnbroking P2P lending company takes possession of the items in advance and it can sell them if the borrower doesn’t pay up. It doesn’t lend more than 70% of the lowest valuation…
Funding Circle is currently returning cashback to lenders, taken out of the borrowers’ fees, in a few select loan auctions. The loans are listed as A+, which is Funding Circle’s highest borrower grade. Although Funding Circle conservatively estimates that 0.6% of these loans will go…
The P2P lending companies pitching themselves as lowest risk and easy-to-use all have the best records – with no lenders losing any money. These companies all have bad-debt provision funds: that’s a pot of money in reserve to pay you back in case a borrower…
