Today, Growth Street said: “We have recently concluded redemption of our platform investors in full as part of the Resolution Event declared in June 2020. As of 13th January 2021, all remaining funds have been returned to peer-to-peer investors and our investor platform is in the process of closing. A 4thWay reader first kindly informed… Read more
Matthew Howard
See Matt’s profile in About Us.
Growth Street Lenders Get Full Return Of All Money And Interest
Which P2P Lending Sites Are Profitable?
For many years, 4thWay has had a small, steady stream of requests from our readers to find out which P2P lending companies are profitable – which of them are making money. That’s why we have this guide, which we update kind of regularly. Lenders’ concern is that if these websites are not profitable then they… Read more
Recent Movements In The 4thWay PLUS Ratings
The 4thWay PLUS Ratings and 4thWay ALT Ratings have been showing their worth during the pandemic and we strongly expect they will continue to do so. P2P lending doesn’t evolve around the world of COVID-19, though, so there have been a few changes to 4thWay PLUS Ratings in recent weeks for more mundane reasons. Kuflink… Read more
Which Peer-To-Peer Lending Sites Have Institutional Lending?
Peer-to-peer institutional lending – that’s lending from banks and the like – is becoming a bigger theme as the P2P industry grows. And institutional lending could actually impact individual lenders’ results. Below, I’m listing a lot of the peer-to-peer lending sites that have been the beneficiaries of institutional lending, excluding lending from governmental institutions. Where… Read more
Proplend Hits £100 Million As Loanbook Stands Firm Against Disease
Proplend has just reached £100 million in lending since it started in 2014. This seems to me to be an apt time to take a look at its rate of growth and how it’s changed, especially regarding risk level, as well as to take another look at its results so far. Proplend’s results so far… Read more
How To Lend Across Multiple IFISAs In One Year!
As you may know, you can only open one IFISA in a tax year, which runs from 6th April to 5th April, and this limits your ability to spread your money and the risks across lots of provider. But you’re wrong! You are actually allowed to open lots of IFISAs in one tax year. The… Read more
4thWay’s Users Rate Us 9.3/10 – It’s All About Our Results
In a poll of our users, we’re rated 9.3 out of 10! One of the most common forms of feedback we receive is to just keep doing what we’re doing. The results have proven our worth It’s mathematically highly probable that anyone lending for a sensible length of time who has spread their money around… Read more
Funding Circle Reviews By Investors
I have pulled out all the Funding Circle reviews written by investors (lenders) that I can find on TrustPilot and, I don’t mind telling you, it took a very long time. Because online Funding Circle reviews are usually written by borrowers and not lenders. I don’t know how many hundreds – or was it thousands… Read more
The Shortcomings Of Bad-Debt Provision Funds
It is sensible to plan for disaster and one way to do so is to set aside a pot of money to cover losses from bad debts. Several P2P lending websites offer these bad-debt provision funds as part of their defences, such as: Assetz Capital* Growth Street Lending Works* RateSetter Savy Unbolted These pots have… Read more
Is Institutional Lending In Peer-To-Peer Good For You?
“Financial institutions” have increasingly been lending through peer-to-peer lending websites. But what is peer-to-peer institutional lending, how widespread is it, and, the key question: Is institutional lending a good or bad sign for individual lenders doing P2P? I’ll get to that. I must warn you that this is a very big topic. So make sure you’re… Read more