Archives for: August 2014
Peer-to-peer lending is not risk free
August 21st, 2014Peer-to-peer lending does involve taking some risk, and they are not currently covered by the FSCS (Financial Services Compensation Scheme). The value of a lender's loan book will vary and can fall as well as rise, with the possibility of a complete lo… more »
New lenders can earn £60 cashback with Zopa
August 20th, 2014After some discussions with the kind people at Zopa, the P2P money website has arranged a special £60 cashback (by way of Amazon gift vouchers) to new lenders who sign up through the P2P money website and subsequently lend £2000 or more. This offer is… more »
Experiences of using P2P platforms
August 15th, 2014One of our readers has decided to take the plunge into the wonderful world of peer-to-peer lending, and in the process published their experiences to date. With their kind permission, we have shared some of Paul's comments so far.
Zopa review by Paul… more »
What happens when a P2P company ceases trading?
August 15th, 2014I was recently asked the following questions:
What happened to investors/lenders money when companies listed as ceased trading or suspended or went off line? Do you think there may come a time soon when lenders money is covered by compensation sche… more »
BeTheLender suspends trading
August 13th, 2014The peer-to-peer company Be The Lender has suspended trading. A message has been posted on their website as follows:
Dear All,
Be The Lender has currently suspended trading.
If you have received repayment notification emails, then there may be a b… more »

