Category: Lending

Peer-to-peer to become regulated

December 7th, 2012
P2P Finance Association
The government has announced that peer-to-peer is to become a regulated activity in the latest Financial Servics Bill.  While other industries are resisting regulation, the leaders within the peer-to-peer industry, and consumers alike, have been pushing… more »

RateSetter lender improvements

November 29th, 2012
RateSetter
RateSetter have made some changes that have been discussed within the peer-to-peer lending community for a while.  First is the ability to choose between automatically reinvest the full amount or just the capital, taking interest as income.  This is com… more »

Zopa has arranged £0.25billion in loans

November 26th, 2012
Zopa
Zopa has now arranged a quarter of a billion pounds worth of loans to individuals. Zopa started the P2P lending industry in 2005 which is now growing at a rate of 70% per annum. At this rate of growth a further quarter of a billion pounds worth of loa… more »

ReBuildingSociety extends cashback

November 26th, 2012
ReBuildingSociety
ReBuildingSociety has extended their lender cashback offer until the end of December, but you need to act quickly as to qualify you need to pay in £1000 or more by the end of November.  New lenders will receive a £50 credit to their account, which is eq… more »

Funding Circle teams up with Lancashire County Council

November 16th, 2012
Funding Circle
Funding Circle announced today that they have formed a partnership with Lancashire County Council so that the council can lend to local businesses within the Lancashire area.  This is the first partnership we are aware of within the peer-to-buisness are… more »