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 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…
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…
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…
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…
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…
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…
“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…
I want to write up my findings from looking at HNW Lending’s most recent data submission to us. This included extra information at our request to highlight any impact on loans due to COVID-19. A quick summary of what HNW Lending does HNW Lending* does…
CapitalStackers recently celebrated £15 million in lending through its platform. CapitalStackers* reports a total of £60 million lent to property developers and other property owners, when you include other lenders, such as Royal Bank of Scotland. CapitalStackers tends to do junior lending. So it arranges…
I’m a fan of the stock market. I think most people with a long time to invest should have some of their money in it. I’ve written about share investing in various pieces on 4thWay, including in this guide I co-wrote: Peer-to-Peer Lending Vs Other…
For the past eight years, a handful of government-funded banks have been lending through P2P lending sites. Peer-to-peer lending sites reference national and international government lending through their online platforms as if it is an indication of quality. MarketInvoice, for example says: “Investors on our…
Lending Works has boosted allowances to cover future possible bad debts from £3 million to £5.5 million, by budgeting for more borrower interest to be paid into the Lending Works Shield. While that means much greater coverage that will better match expected bad debts, it…
It’s got a little more fiddly for peer-to-peer lending platforms to keep on going. New regulations that started in December have put extra burdens on them – and it seems that this was enough to tip some to the point where they’ve chosen to close…
You may have noticed that the lending rates you can earn are higher when a peer-to-peer lending website or IFISA first launches. Then, peer-to-peer lending rates fall over the following years to more sensible levels. The five possible causes of falling peer-to-peer lending rates are:…
Here’s a quick update on Proplend. Proplend’s finally gone and got itself a bad debt Proplend* has finally had its first loan funded by individuals turn bad, out of £70 million in lending and around 90 loans over five years. Enough time has passed that…
More common than closing down with fraud or incompetence hanging in the air, most platforms that stop doing peer-to-peer lending are simply closed because they have failed, stopped offering P2P lending products, or needed to be saved by other platforms. You never hear about most…
Landbay has just announced that a “major financial institution” will lend another £1 billion through it. Landbay has previously arranged over £300 million in loans, with most of that coming from regular lenders. I asked Landbay* some of the key questions that our experts at…
HNW Lending PLUS Rating update HNW Lending* now has 3/3 PLUSes – the highest and top 4thWay PLUS Rating – on both its senior loans and junior loans. Previously, its junior loans had a 2/3 PLUS Rating. For junior loans, its 4thWay Risk Score ticked…
4thWay’s experts are now part-way through their latest reassessment of the P2P lending sites’ (and P2P IFISA providers’) 4thWay PLUS Ratings. As usual, they took the opportunity to make measurable improvements to our ratings methodology. All the improvements make the 4thWay team feel better, because…
