P2P Money Blog

The year 2013 is proving to be a monumental year for peer-to-peer lending, with lots of companies looking to launch within this space.  Are these companies simply jumping on the bandwagon or are bringing anything new ? The UK peer-to-peer market is gro… more »

Funding Circle and RateSetter, two of the leading P2P companies in the UK, have won awards in the CreditToday awards. Funding Circle won the Alternative Lender of the Year (Commercial) and RateSetter the Alternative Lender of the Year (Consumer).  This… more »

Zopa has launched a new feature to protect lenders from bad debt, and this is called "safeguard".  Where a borrower is unable to repay their loan, the Safeguard will step in.  It is our understanding this will operate similar to the provision fund opera… more »

RateSetter, one of the clear leaders in the peer-to-peer sector, have announced that they will now offer secured loans.  RateSetter already offer protection to lenders with their provision fund, and this simply would mean the provision fund would be abl… more »

The Christmas and new year period has given rise to a small but noticable increase in late payments in the P2P companies that we are tracking.  Zopa and RateSetter showed a very small increase, bringing their overall late payments to 0.14% and 0.64% res… more »