P2P Money Blog

Squirrl.com has confirmed it is to close at the end of 2013.  We had predicted this only a month ago, and unfortunately this has proved to be true.  Squirrl.com last made a loan in December 2012 and since then there has not been any new loans listed on… more »

With no less than thirteen new peer-to-peer companies launching in 2013, there are two companies that have effectively exited the P2P market this year.  These companies are Encash (YES-secure) and Squirrl.com. Encash has only arranged three loans in 20… more »

We've talked about "bad debt" and "defaults" numerous times on the P2P money site, but one thing that we haven't covered much are "late loans".  Usually before a loan is written off it is late, as the borrower has fallen behind on repayments for whateve… more »

The first two borrowing requests on Squirrl.com have reached 100% and these will put the company straight into #6 in the P2P ranking by loan size in the UK.  These requests were helped through with institutional finance.  All lenders on these two loans… more »

Squirrl.com has announced they are dropping the £5 identification fee.  This will be good news to prospective lenders who wanted to give Squirrl.com a try.  Here is their full statement. We hope you all enjoyed the Jubilee celebrations over the weeke… more »