News and information on peer to peer lending and borrowing
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News coverage of P2P lending

This week there has been some good coverage of peer-to-peer lending on the BBC's The One Show (after 23m 15s) which resulted is a massive 6000% increase in hourly hits on the P2P money site.  Funding Circle confirmed to P2P Money they experienced record traffic for this time.

The vast majority of coverage is from the perspective of the lender, but we should also not forget that peer-to-peer lending requires borrowers.  The rates borrowers can achieve with peer-to-peer lending are market leading for certain loan sizes, so borrowers can get a great deal.

This entry was posted on February 16th, 2013 at 08:29:00 pm by easteregg and is filed under News, Lending, Borrowing. Tags: funding circle, p2p money

1 comment

Comment from: GA Davies [Visitor]
GA DaviesAs a potential borrower I found the Funding circle very slow to follow up on our trading figures which we sent to them. They charge 3% for the FC and about 9% for the lender. This puts them higher than the bank,( 8.9%) so the scheme is not viable..
07/08/13 @ 10:31