Choice Blog - The Secret Investor's Diary

June's Final P2P Lending Platform News Round-up

Last post: Jun 27, 2018

Assetz Capital report a strong increase in investor demand following the announcement of the rate raise for some of their Managed Accounts… Across all platforms the proportion of P2P loans to borrowers in Northern Ireland appears to be increasing possibly due to the Brexit-related uncertainties of that region deterring mainstream lenders.


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Mid-June's P2P Lending Platform News Round-up

Last post: Jun 14, 2018

Ratesetter’s promotion which sees £100 given to new investors who lend £1,000 for a year ends on 30th June… FundingCircle remove investor access to its loanbook – a backwards step for transparency… FundingSecure allocate more staff to managing late loans.


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May's Final P2P Lending Platform News Round-up

Last post: May 31, 2018

ArchOver have launched their IFISA – the last of the major platforms to do so… Ratesetter pass the £2.5 billion Total Lent milestone.


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Mid-May's P2P Lending Platform News Round-up

Last post: May 17, 2018

Assetz Capital close their Green Energy Account due to a lack of loans that meet the eligibility criteria… Assetz Capital have also increased the target gross interest of their Quick Access and 30-Day Access Accounts by 0.35% pa and 0.85% pa respectively – the latter now returns an impressive Provision Fund protected 5.1% pa… Some FundingCircle investors express concern about rising defaults.


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May's P2P Lending Platform News Round-up

Last post: May 8, 2018

Zopa offers £200 in cashback after their IFISA attracts £100m since launching last June… LendingCrowd lower their maximum bid rates by 2% pa… Ratesetter open up their IFISA to accept funds from existing Cash ISAs, Stocks & Shares ISAs and other IFISAs.


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April's P2P Lending Platform News Round-up

Last post: Apr 24, 2018

Investors flock to FundingSecure at the start of the new Tax Year… LendingCrowd offer up to £400 for those who lend via their site before 30th April… Lending Works pass the £100 million lent mark… FundingCircle opens its IFISA to new customers.


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