Crowd2Fund*, the business loans P2P lending site, has now started to publish its full loan book with detailed information about every loan that has been made through its website. It’s fair to say I now understand Crowd2Fund far better than I did just two weeks ago. You can see the Crowd2Fund loan book for yourself here,… Read more
IFISAs
Crowd2Fund Loan Book Published, Sheds New Light
HNW Lending Continues To Produce The Goods
New loans continue to include a high proportion of very attractive senior loans under 50% LTV. (If you don’t understand what that means for lenders, I’ll explain below.) HNW Lending acts rapidly to recover debts that might turn bad, which dramatically improves bad-debt recovery results. Before reading on, you should know that HNW Lending sets… Read more
The IFISA (P2P ISA) Guide
We have nagged the taxman’s notoriously tight-lipped officials, and chased down accountants, IFISA providers and even 4thWay’s own skilled experts to give you answers to all your IFISA questions, as well questions you never thought to ask. Here goes: What is an IFISA? An IFISA allows you to lend up to £20,000 per tax year (which… Read more
Extra Risk In Buying Second-Hand FundingSecure Loans
With most P2P lending sites, the interest is paid to the original lender and any new lender buying second-hand loan parts just buys the actual loan part. When a borrower repays early However, with FundingSecure, when you sell a loan part then the new lender buys the loan plus all the accrued interest in the loan…. Read more
FundingSecure Review
One of our experts has updated this FundingSecure Review: 4thWay’s Quick Expert FundingSecure Review I still generally like what I can see, but I want more details and note the wide spread of risk in these higher-rate loans FundingSecure’s own total lending figures on its website overstate its size, but it has still done well… Read more
Proplend: Now You Can Auto-Lend On 50% LTV Property Loans
Proplend has launched an auto-lend feature for its “tranche A” property loans, whether you lend through its regular account or its IFISA. Proplend’s tranche A loans are for a maximum of 50% of the property’s valuation. Many loans are against properties that are earning income for the borrowers by being rented out (which have the highest, +++… Read more
The Contradiction That Is FundingSecure: Is It Good Or Bad?
FundingSecure has a number of contradictions that lenders need to get their heads around if they are to use it successfully, meaning with a full understanding of the risks that lead to it paying high interest rates. Contradiction 1: borrowers are low on cash, high on property FundingSecure’s borrowers are cash poor, but asset rich…. Read more
Proplend Review
This quick Proplend review, written by one of our experts, is taken from our comparison tables, where you can see reviews on most P2P lending sites. 4thWay’s Quick Expert Proplend Review Fantastically good security backed up by steady borrower income Proplend’s biggest strength is in the the security borrowers offer lenders, which is usually properties… Read more
More LendingCrowd Accounts Earn 4thWay PLUS Ratings
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 awarded ratings just a few weeks after our last assessment…. Read more
LendingCrowd Review
4thWay’s LendingCrowd Review: with Business loans P2P site LendingCrowd*, you can select loans yourself to earn higher interest. Alternatively, you can split your money automatically between at least 20 loans – and no more than 5% of your money in any loan. Target interest rates are currently around 6% with automatic diversification or above 7%… Read more