I wrote this piece to give those of you new to Wellesley a little background to go with the recent sell alert from my colleague, Neil Faulkner, which you can read here. What Wellesley does Wellesley does development and bridging loans. It has four loans…
Neil Faulkner says that with low interest rates for lenders, less impressive loan book performance than similar competitors, increased risks from borrowing to lend and not enough of the right kinds of unambiguous information and data, he sets out his opinion that, if he was lending…
Finally, 4thWay has enough information to list in our comparison tables, for the first time and not for the lack of trying, one of those rare of P2P lending things: an IFISA product. These offer completely tax-free P2P lending. Like Willy Wonka’s golden ticket, there are only…
May people say that P2P lending websites hve lost their way; they’re not P2P any more. And when I say “many people say”, unlike Donald Trump, I don’t mean me. I mean a lot of financial journalists and individual lenders are saying it. I’ve heard them…
The providers of P2P lending in the Evolution SIPP, Greyfriars, announced in late 2016 that from 1 January 2017 it will open no new P2P lending accounts and no new P2P lending can take place through its SIPP. Greyfriars stated that the reason for this…
Here are the latest peer-to-peer lending customer ratings of the main providers. You can’t take the following as absolute proof of overall customer satisfaction, because companies can encourage customers who they know to be happy to rate them online. There will also be many borrowers…
To see the most recent question read here (opens in new window). Question from Simon “Could you please do an assessment of crowd stacker and crowd2fund? I have a lot of money currently in a stocks and shares ISA that I would really like to move…
If you’ve got a question for us, we always try to find time to give you a comprehensive answer, so please get in touch at contact@4thWay.co.uk Question from David, 4thWay user Wanting to know if I can open an ISA that will allow me to…
How did I get here? It’s a question that many investors – in any investment – might be asking quicker than you think. Let me get to the point in a laborious and roundabout route. I’ve always been a fan of stock-market tracking funds: index…
Assetz Capital has just introduced a new account allowing lenders like you and me to remove our money easily, called the Assetz Capital Quick Access account. The business and short-term property loans P2P lending website believes that this will enable us to exit loans within 24 hours…
This article is about how much you should split between savings accounts/cash ISAs and peer-to-peer lending, and also shares if you want more diversification further up the risk scale. I also discuss the money you might put into buying your own home. Those are what…
When you look deep into the detail of Funding Circle’s* loans, you get some interesting patterns. Today, I compared the two biggest types of loans: “expansion/growth capital” versus “working capital” loans to see how they compare on both bad debts and interest rates. Is one riskier…
Last updated on 6 September 2015. There’s not much point lending your money if you can get similar rates with savings accounts and cash ISAs! That’s why it makes sense to compare the P2P lending interest rates to the very best savings accounts and cash ISAs (tax-free…
Having lived in Germany for seven years, I’d like to make a small comparison before getting to the point. While Germans are all individuals like the rest of us, their culture has developed a few very different ways of looking at things. As far as I’m concerned,…
If you lend to Funding Circle* A+ business borrowers you can currently earn more than at RateSetter, Lending Works* and Zopa, but with a better recent record of repayment than RateSetter and Zopa. Yet Funding Circle doesn’t have a bad-debt provision fund and the others…
My colleague Neil wrote about how we need to defend ourselves from financial disasters in 2 Rules To Lend Easily And Be Safe From Recessions. Today I want to look at another big item that we need to protect ourselves from: greedy P2P lending websites….
Our research shows that if you: Stick to low risk lending Spread your money across several P2P lending websites and lots of loans Be willing and able to lend and re-lend for five years, and Don’t lend when interest rates sink too low Then your…
Eddyyy intends to start up as a peer-to-peer lending company offering personal loans. We have little information about it and so we don’t know if it will get off the ground, so I shan’t be reviewing it today. But what we do know is its…
See the hidden costs in peer-to-peer lending on four peer-to-peer lending websites covering five different types of loans. Also read how the overall P2P lending costs compare to other investments. While many peer-to-peer lending websites (aka marketplace lenders) claim to have no lending fee, and others…
We were just pondering that question when we noticed Lending Works‘* recent blog on this exact same subject. Here it is, written by Mike Todt. It’s worth reading to the end. Beneath it is my own (Neil Faulkner here) brief, candid opinion. A few weeks ago, Bank…
