Category: Lending
Wellesley & Co to launch mini-bond
July 27th, 2014Wellesley & Co, one of leading second generation of peer-to-peer lending companies, has announced it is launching a mini-bond. The rates being offered (6-7%) are very similar to the existing lending rates through the Wellesley & Co lending plat… more »
Landbay offer 2% cashback
July 25th, 2014Landbay, one of the newer peer-to-peer companies, are offering 2% cashback on funds lent before 31st July. The interest rate for an A+ loan is currently 4% per annum over 3 year years, which is comparable with Zopa. Their A+ lending rates are a little… more »
MoneyWeek survey on peer-to-peer lending
July 3rd, 2014RateSetter, one of the leading peer-to-peer companies, has published a survey of MoneyWeek readers on the topic of peer-to-peer lending. Interestingly 93% of respondants indicated they believed peer-to-peer offers better value than banks, and 87% belie… more »
eMoneyUnion launch secured personal loans
June 27th, 2014eMoneyUnion 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, 2014RateSetter, 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 »
