Categories: News, Lending, Borrowing
TrustBuddy files for bankruptcy
October 19th, 2015We recently reported that TrustBuddy, one of the leading European peer-to-peer companies, announced that it has closed following "suspected misconduct within the company". TrustBuddy has today announced that they have filed for bankruptcy.
While few U… more »
TrustBuddy closed
October 13th, 2015One of the leading European peer-to-peer companies, TrustBuddy, has announced that it has closed following "suspected misconduct within the company". Some staff have been suspended and all current and former employees have had their lending accounts fr… more »
First Buy2LetCars loans complete
October 5th, 2015The very first individuals who lent through Buy2LetCars have received their final repayment on their loans. These individuals will have received 33% interest over 3 years. New lenders can achieve an amazing 14.65% AER over 3 years. The P2P money webs… more »
Unbolted
September 24th, 2015Unbolted is a new peer-to-peer company that lends against assets. That is not too different than a large number of peer-to-peer companies, but Unbolted is slightly different. There are two types of loans, one secured against assets (in a similar way t… more »
Funding Circle changes anger some lenders
September 8th, 2015Funding Circle's recent announcement has certainly angered some lenders. A poll we put together on the P2P Independent Forum suggested around 85% of lenders voted that they did not welcome this change.
So what are Funding Circle are going to do? It h… more »