p2p lending

Zopa Doesn't Have A Problem

Peer-to-peer lending works for many people.

Zopa has a crowd of good customers and new borrowers have lenders queueing up to offer funds. An article in Alt-Fi News suggests Zopa has a problem. We don't agree. 

Zopa has told the market repeatedly that it has no intention of compromise on its credit checking It would rather close its doors to new lenders than push it out to borrowers who have a higher risk of defaulting on their repayments.

Transparency Too Much for Ratesetter

many p2p lending platforms allow investors transparent access to their company data

P2P lending platform Ratesetter is to resign from the Peer-to-Peer Finance Association (P2PFA) according to multiple sources. The leading UK lender is close to obtaining full authorisation from the Financial Conduct Authority (FCA) but admits it cannot comply with the P2PFA's voluntary code of conduct on transparency. 

P2P Lending for Beginners in 4 Minutes

Your first lesson in crowdlending in the time it takes to boil an egg.

Peer to Peer lending is "like an online dating agency for borrowing and lending money."  If you're thinking of taking your first steps, take a look at this four-minute interview from a daytime TV show. It's a good introduction for absolute beginners.

If you're thinking of taking your first steps in peer-to-peer lending, take a look at this four-minute interview from a daytime TV show. It's a good introduction for absolute beginners.

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