The collapse of a green-energy project that was crowdfunded to the tune of £3.9 million gives valuable lessons to individuals funding new and complicated infrastructure products through peer-to-peer lending sites. Here’s what happened followed by 10 lessons for lenders in future. What was the loan…
LendingCrowd’s Growth and Income peer-to-peer lending accounts, including the IFISA versions, have now earned “Excellent” 4thWay PLUS Ratings. Previously, just LendingCrowd’s Self Select lending account and IFISA had earned a rating. Why have these accounts been upgraded so soon? The two LendingCrowd* accounts have been…
When is a site allowed a rating? All P2P lending sites and P2P IFISA providers that supply enough information about themselves, and that have a long enough history, are assessed to see if they can earn a rating. We’ve listed the providers that have earned…
[orangebox title=”Page Summary – 2 Minute Read”] 4thWay’s credit-investment specialists, bank risk-modelling experts and investors first developed the peer-to-peer lending and P2P IFISA ratings system in 2014. 4thWay PLUS Ratings incorporate both the rewards – the interest you earn – as well as the biggest risk…
From now on, just Funding Circle itself and the partner it has commissioned, AltFi, will be able to access and assess the details of all the loans Funding Circle has ever made. Funding Circle has removed access to this powerful and important data for the…
As of today – the day we upgraded our ratings system – a new entrant to 4thWay’s PLUS Ratings is LendingCrowd. LendingCrowd* has completed over £34 million since 2014 in business loans and it offers an early exit if you are able to sell your…
Just for a bit of quick background on HNW Lending, it does short-term property loans and development loans, as well as asset-backed loans (see info box), to individual borrowers who are rich in assets and property. It pays around 6% to 10% interest. There have…
I’m very much in the “sell Wellesley” camp for the dozens of reasons mentioned in an article on Wellesley by one of 4thWay’s experts early last year, as well as in information elsewhere on the 4thWay site. At every turn, we encounter conflicting, ambiguous or…
IFISA and peer-to-peer lending website Crowd2Fund, which offers business lending, has this month started publishing a bit more information about how its loans have performed in the three years or so that it has been matching borrowers and lenders together. So I’m taking a look…
Peer-to-peer lending is lending directly to individuals or businesses, including, sometimes, property owners. IFISAs is usually the same, with the advantage that any interest you earn and gains you make are always tax free. However, there can be a minor catch to watch out for….
You probably think a better question is “Why on Earth would I want to do unsecured business lending when I can do secured lending? It’s a good question. Secured business lending, after all, means that you are lending to a business that has property, equipment,…
Secured business lending is when borrowers have to put up assets as collateral on their loans. Those assets protect the lenders – in this case, I mean individual lenders like you and me, using P2P lending sites. Assets are things of value like properties, machinery,…
We’ve provided you with a lot of information on peer-to-peer lending sites in our very detailed comparison service since 2014. And that includes IFISAs since the first one was released. However, we’ve now created a separate IFISA comparison service to make it easier, and added…
What is the one huge difference between equity crowdfunding and peer-to-peer lending? The risks of P2P lending are generally lower than the stock market. Whereas equity crowdfunding – buying shares in startups through websites – is among the riskiest investments this side of a scam, making it…
Both of Lending Works’ lending accounts receive the top rating and a highly favourable review from our experts. But I’ll tell you now that there’s not an ocean’s difference between them. Still, if you’re a keen lender, some small differences in repayment timing, interest rates…
For the first time, Assetz Capital is going to declare losses on some loans, it has told 4thWay. In other words, it’s writing off bad debts that it sees no prospect of recovering in full. Its reserve funds – which it collectively calls “provision fund”…
As peer-to-peer lending website Assetz Capital’s loans have matured (got closer to their final repayment dates or been fully repaid by borrowers) we can now see better how they perform in terms of bad debt. In addition, the mix of different types of loans offered…
Taking a hard, cold look at that jumble of ideas, desires and fears we have in our own noggins should not be an afterthought, and reading about investor psychology not just something to do one idle evening in an armchair after we’ve already got our…
Thank you for all the fantastic feedback we have received from all our users, industry insiders, as well as experts in our fields who we’ve respected for a very long time. It really helps all the writers, specialists and the whole team at 4thWay to…
Some 4thWay users asked us about three P2P lending sites missing from the 4thWay comparison tables, and about a fourth P2P lending site that has been proving frustrating. Here are their questions and our answers. S Smith, 4thWay user: I think your website is very…
