About 4thWay’s Alt Ratings
Many P2P lending sites do not, or cannot, provide enough information for us to calculate a 4thWay PLUS Rating. It is possible for them still to earn up to three 4thWay ALT Ratings:
- Secured Property Loans
- Hidden Gem
- Deal-Making Opportunities
Secured Property Loans Rating
P2P lending sites with this rating offer many loans that are, on average, just half the property valuation, giving huge downside protection. They might also offer loans lending against properties that are receiving rent.
Hidden Gem Rating
A Hidden Gem rating means, in the opinion of a 4thWay expert, it would earn a 4thWay PLUS Rating if we had all the data needed to test it for one.
Deal-Making Opportunities Rating
This rating indicates that there is the possibility to make a lot of money on individual loans by trading them.
- P2P sites with the Deal-Making Opportunities Rating appear to have a lot of loans with great characteristics.
- These loans can be bought and sold after they have gone live through a secondary market.
- In addition, the buyer and sell can agree a widely different amount for purchasing the loan than the original face value, which can effectively increase (or decrease) the interest earned for the new buyer.