4thWay’s Funding Circle Review Key findings for my Funding Circle Review My gut feeling about Funding Circle is sort of positive, but sadly not supported by enough information. With less information now coming from Funding Circle, it’s become a touch too difficult for lenders and independent analysts to assess its performance and ability. Funding Circle’s… Read more
COVID-19
Funding Circle Review In 2022 For Investors
Invest & Fund Review
Here’s the Invest & Fund review, written by one of our specialists. You can find more reviews in our comparison tables. 4thWay’s Invest & Fund Review Invest & Fund is the only P2P lending company that has a combination of five things, leading to excellent risk-reward balance… Invest & Fund Review: their best-rated product This… Read more
Assetz Capital PLUS Rating Update
Assetz Capital* was one of the businesses that temporarily paused P2P lending last year in order to offer businesses government-backed pandemic loans, which weren’t available as P2P. It’s now reopening its P2P lending, but it could be some weeks before lenders can put new money into its lending accounts and get lending. Assetz Capital says… Read more
What Lending Works Has Got Wrong
Lending Works has said to us that lenders have expressed support of it during the pandemic. And we have corroborating evidence that it’s probably a minority of lenders who are truly angry. Yet there’s certainly some anger going around. While it has so far justified its 4thWay PLUS Ratings, in some areas, Lending Works has mis-stepped… Read more
Has Anyone Lost Money At Lending Works And How Variable Are Lending Results? (P.S. Please Don’t Unsubscribe)
Have any Lending Works lenders lost money? Due to the pandemic, Lending Works* put existing lenders on negative interest rates for a few months to divert some extra money to its bad-debt reserve fund. Some existing lenders still have negative rates on some of their loans, while loans issued in 2020 are now back on… Read more
Growth Street Review: Lending Successfully Wound Down
Here’s the Growth Street Review from one of our specialists. (You can see all the reviews in our comparison tables.) 4thWay’s Quick Expert Growth Street Review Growth Street has wound down its existing lending Growth Street, established in 2014 with a total lent of , is no longer taking on new borrowers and all lenders… Read more
P2P Lending And COVID-19: Lots Of News And Updates, Nov 2020
It’s been a lot of work trying to stay on top of all the P2P lending companies for you during the pandemic. as we sought extra information, meetings and data submissions from the P2P lending companies. Here’s a summary of much of our recent research. These COVID-19 updates are shown in the order they appear… Read more
Update on HNW Lending’s Pause In Lending
For the full story on HNW Lending, read the HNW Lending Review. Update on 15th October, 2020 The initial article from August is below, but here’s an update as of 15th October, 2020. HNW Lending has informed 4thWay that, roughly two weeks ago, the FCA said it’s “a matter of weeks not months now” before… 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
What Investors Can Learn From RateSetter’s Sale To Metro Bank
RateSetter and Metro Bank have done a deal: RateSetter has been sold to Metro. RateSetter’s existing lenders will see their existing loans paid off while borrowers meet their repayments, as usual. Buto new lending will occur through the platform. Metro Bank will use RateSetter’s lending infrastructure to grow its own lending. I want to tell… Read more