Many an eyebrow was raised at the timing of this week’s tiny rise in base rates. Our friends at leading trade publication, P2P Finance News, called to ask our reaction. We excerpt the lead of the story below. Peer-to-peer lending platforms have claimed that the Bank of England’s base rate increase to 0.25 per cent […]
The collapse of one of the better-known players in the peer-to-peer (P2P) lending sector should give everyone pause for thought. Below we post an extract from a sensible article by our friends at P2P Finance News. The writer finds three reasons for lenders to keep faith. We have an extra one of our own. The […]
Money&Co. has had an excellent 2015 so far, with around £2 million in loans facilitated from six successfully completed loan auctions. The last of the completed auctions closed this week. Olsen Doors & Windows raised £250,000 for its B-rated loan at a gross rate of 10.4 per cent. Two loans are currently open on site, […]