P2P Money Blog

Many happy returns to RateSetter who turned two years old this week.  It seems quite amazing for a company to go from nothing to arranging just shy of £37million in loans in 2 years in what was a niche sector.  In the last two years not a single lender… more »

It was back on the 23rd April that we reported that Funding Circle had just passed the £30million mark in the amount of loans it had arranged.  Today we can report that they have now passed the £50million mark.  If our maths are correct this is equivale… more »

Zopa announced yesterday that they will be dropping the "C" and "Y" markets from October.  The "C" markets are the highest risk category that Zopa currently caters for with estimated bad debt rates between 4.2% and 5.2% per annum.  The top of the "C" ma… 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 »

As we reported recently, Zopa have redefined their zone of possible agreement.  We take a look at the updated lending screen. The "In the zone" image will indicate the lending offer is within the new ZOPA - zone of possible agreement - but some even… more »