Choice Blog - The Secret Investor's Diary

October 2019 P2P Lending Platform News Round-up

Last post: Oct 10, 2019

Assetz Capital refund all investors who were exposed to wind turbine loans that went bad… Ratesetter launch their platform-set interest rates


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End-September P2P Lending Platform News Round-up

Last post: Sep 25, 2019

The P2P World seems to be prioritising ease of access as FundingSecure announce a managed account with access to funds within 30 days under normal circumstances while Ratesetter re-align their product offerings to focus on withdrawal charges rather than the length of investments


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September P2P Lending Platform News Round-up

Last post: Sep 8, 2019

Ratesetter announce that they will launch a range of new products on 3rd October… Funding Secure have recruited a team of specialists to help them reduce their backlog of loans... as a thank you to their investors’ for being so patient, they are also offering additional bonus rates of up 1.25% pa on investments made up until the end of September... Assetz Capital offer £150 of Cashback to new investors


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End-August P2P Lending Platform News Round-up

Last post: Aug 28, 2019

Headlines: Lending Crowd’s Summer Bonus is to offer £50 Cashback to those who transfer an ISA worth £5,000 or more over to them… Funding Circle’s active loan book has increased by 37% over the past 12 months… ReBuildingSociety factor a hard-Brexit into their credit risk model.


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August P2P Lending Platform News Round-up

Last post: Aug 7, 2019

Lending Works revamp their product range so that they are defined by ease of access rather than length of the investment... Following their quarterly review, Funding Circle have halted the downward trend in their projected rates of return, holding them at their current levels… Assetz Capital have upped the ante with their Refer-a-Friend scheme, for a limited time they are offering £100 to introducers… Those selling on ReBuildingSociety’s Secondary Market can provide Buy Back guarantees… ArchOver launched a new type of loan that is secured via anticipated income from EU/UK Grants for R&D activity


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End-July P2P Lending Platform News Round-up

Last post: Jul 18, 2019

FundingSecure have changed their terms and conditions so that loans only begin to accrue interest after the closing deadline rather than as soon as investors pledge funds… Assetz Capital almost double their target of £1 million when their latest round of equity funding closes.


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