My main research focus over the past few weeks has been on re-interviewing Growth Street*, probing for more details, and pushing it for better quality data. This article covers all that, with my usually candid opinions thrown in. Check out my three-minute summary and, if you are really interested in Growth Street, slog through the… Read more
Neil Faulkner is 4thWay co-founder, CEO and chief editor. He has this to say about himself:
“My background is diverse, including a long stint as a financial and investment journalist, and media spokesperson for investing website The Motley Fool. I quit to spend a year interviewing CEOs and other key people at P2P lending sites, and working alongside specialists at 4thWay from the fields of banking, lending and debt investments, in order to become one of the world’s leading experts on peer-to-peer lending, before the eventual launch of 4thWay five years ago.
“Since then, I have continued to hone my knowledge through thousands of hours of research and interviews, and by leading a very much data-led organisation, with talented and experienced colleagues from a range of useful backgrounds.
“I believe I am the most quoted independent commentator on the industry in the UK’s national media, and I am consulted by the FCA, financial advisor groups and industry CEOs on important industry topics.”
There’s a lot for lenders to learn about the Growth Street ISA, launched in 2019. Take a dive into all the important aspects right here, and find out how it compares to the Growth Street’s ordinary lending account. The Growth Street ISA is covered by the reserve fund Just ticking off a simple point first,… Read more
This is just a brief note on the two recent P2P lending site closures. Lendy has closed after lenders suffered a high amount of late and bad debt, as well as very expensive legal problems, among other things. (I wrote about some of its issues last year in Lendy Sends Shockwaves But No Surprises.) BondMason… Read more
This is quite a bit of fun for me today. I’m going to look beyond Read moreto my old, very well-trodden stomping ground of shares and savings, where I spent nearly 20 years of my life before took over. If you want to form a portfolio of ISAs containing different kinds of…
Your cash – but not loans – held by a P2P lending site may or may not be covered by the FSCS. I’ll give my view on how important this protection is, explain why not all sites offer it, and give you a list of the P2P lending sites where the FSCS situation has been… Read more
A property Read moreis a tax-free investment account where you can lend to borrowers who have real property – real estate – to back up those loans. This piece is based on a vast amount of research over many years. I could have easily made it about the top 10 or even 20 property ….
I’m going to explain some of the strengths and limitations of reserve funds. Then I’m going to write about three simple steps you can take to give yourself the level of safety you probably want and have expected all along, to get yourself prepared for reserve fund failure. Because on talking to several 4thWay users,… Read more
One of your fellow 4thWay webite users, “JamesFrance”, has now retired from the user panel that governs 4thWay, after working voluntarily on your behalf for several years to ensure 4thWay remains independent. 4thWay’s Panel of Peers ensures our accuracy, impartiality, and candid research. James, I want to give you a big thanks on behalf of… Read more
I have always invested in investments that are relatively easy to analyse, so that I have a good chance of being able to weigh up the risk-reward balance properly, and invest with a large margin of safety. The types of investments I choose also need to come with total costs that are low enough to… Read more
Lending to residential buy-to-let landlords is intrinsically the safest kind of lending available to lenders through P2P. I’ll give you the five reasons for this in no particular order, since it’s all good: The bricks-and-mortar are already there Firstly, since the properties already exist and are not merely building sites with promise (like lending to… Read more