The end of the tax year is approaching and you must use your ISA allowance by midnight on 5 April or you will lose it. The ISA allowance for 2020/21 is £20,000 if you are a UK taxpayer. The Money&Co. Innovative Finance ISA allows you to receive interest on your loans completely tax free. Since […]
The latest loan offering on site has an A-rating and the annual rate of interest will be 7 per cent. The term of the loan is 12 months. The offer, recently launched, is already 59 per cent filled. As regular readers and lenders will be aware, Money&Co. has a very conservative credit-rating and vetting policy. […]
We are pleased to announce the arrival on site of a brand-new loan offering. It has an A-rating and the annual rate of interest will be 7 per cent. The term of the loan is 12 months. The offer, just launched, is already 9 per cent filled. As regular readers and lenders will be aware, […]
We’re pleased to report that a new tranche of the warmly received loan offering from music publishing company Bsides Music is now available. It’s already 8 per cent subscribed as we write this article. In a stay-at-home world where streaming music is more popular than ever, owning music rights has great attractions. Our latest offering […]
We’re pleased to report that the new loan offering from music publishing company Bsides Music is already 74 per cent subscribed, and bid volume rising as we write this article. The auction closes tonight. In a stay-at-home world where streaming music is more popular than ever, owning music rights has great attractions. Our latest offering […]
For understandable reasons, there are very few new products on the market right now. However, we’re pleased to report that the new loan offering from music publishing company Bsides Music is already 47 per cent subscribed. In a stay-at-home world where streaming music is more popular than ever, owning music rights has great attractions. Our […]
Today we bring you the second part of the excellent, common-sense consumer guide by the UK’s leading financial watchdog by the Financial Conduct Authority (FCA). This is prudent, helpful, and should be compulsory reading for all individuals considering high return investment. In the UK, any firm carrying out a regulated financial services activity must be authorised by […]
Today we take a look at the Financial Conduct Authority’s guidelines for individual investors on how to appraise an investment. The commentary it offers is clear, simple and full of common sense. Here’s the first instalment of a two-stage browse through the FCA guidelines. All investments carry some element of risk but the higher the […]
We are pleased to announce the arrival of a new loan offer on site. This small tranche of £30,000 is the fourth offering from this borrower. After passing through our credit-analysis process, the loan is risk-rated B, with an 11 per cent gross yield, that is 10 per cent after deduction of Money&Co.’s one per […]
It’s been an exciting year. The platform-lending sub-sector of alternative finance has had its trials and tribulations, with the failure of a number of platforms and the instigation of an overdue and much-needed new regulatory system. The weaker players will fall by the wayside, and this will offer better certainty and greater protection for lenders. […]