Category: Background

eMoneyUnion launch secured personal loans

June 27th, 2014
eMoneyUnion
eMoneyUnion has become the first peer-to-peer company to offer secured personal loans.  These loans of between £5000 and £500,000 will be secured as a first or second charge on residential properties. Here is the full statement from eMoneyUnion: W… more »

RateSetter comment on ISAs

June 22nd, 2014
RateSetter
RateSetter, one of the leading peer-to-peer companies have provided an update on ISAs.  RateSetter is involved in discussions with industry peers and the Treasury on how best to allow savers to include P2P in their ISAs, ahead of a government consultati… more »

Weekly Review 6th June

June 6th, 2014
Money&Co
This week there have been several important developments in the peer-to-peer arena.  Firstly Money&Co report that their £1million loan was fully filled with an average lender interest rate of 7.2%.  This would be one of the largest peer-to-peer loan… more »

RateSetter in facts and figures

June 3rd, 2014
RateSetter
Here at P2P money we love statistics. RateSetter has produced some interesting facts and figures.  While it was fairly obvious that the city of London would have lent the most money, there are some much smaller places within the top 10 such as Royston i… more »

Wonga move into peer-to-peer lending

May 14th, 2014
Invest and Borrow
The mention of Wonga will stir strong emotions amongst people.  Some see them as a saviour for helping people obtain short term credit where their bank or building society may have turned them down.  Others see them as parasites, praying on the poorest… more »