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RateSetter break £50million barrier
RateSetter have broken the £50million barrier, in terms of the loans they have arranged. This is a fantastic achievement for a peer-to-peer company. January and February are typically very busy months for personal loans, so expect to see this figure increase still further.
Well done to everyone at RateSetter, and their borrowers and lenders.
This entry was posted on January 21st, 2013 at 10:46:00 am by easteregg and is filed under News, Lending, Borrowing.
Tags: ratesetter
1 comment
Comment from: Dave Martyn [Visitor]
Further to my comments of 13/01/13 regarding “City Boys” manipulating Ratesetter, I suggest that you consider the following screen shot taken at 15:30 hours 22/01/13.You will notice that there are loan requests for £3,113.20 on both monthly access and 1 year. The fact that this is the second time in the last 24 hours where there have been identical amounts requested on both investment options is more than a coincidence and adds weight to my theory therefore I repeat that small investors should boycott Ratesetter.
Monthly Access
Market View
2.1%Current Rate:
Below is the current Monthly Access market.
Placing your first order?
Borrowers Rate Lenders
>>2.5% £209.8k
2.4% £65.3k
2.3% £36,973.95
£3,113.20 2.1%
£6.9k 2.0%
Last matched Rate: 2.0%, matches last 24 hours: 403
1 Year Bond
Market View
3.3%Current Rate:
Below is the current 1 Year Bond market.
Placing your first order?
Borrowers Rate Lenders
>>3.6% £95.0k
3.5% £29.4k
3.4% £17,277.10
£3,113.20 3.3%
£7.0k 3.1%
Last matched Rate: 3.4%, matches last 24 hours: 73
22/01/13 @ 13:46
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