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Landbay Added to P2P Lending Benchmark Index
Landbay, a property P2P lending company with automatic diversification across different regions and a bad-debt provision fund, has been added to the first ever P2P lending benchmark.
With the addition of this lower-risk, lower-rate P2P lending company, the 4thWay® P2P Forecast Returns Index has fallen today from 5.04% to 4.86%.
The benchmark shows expected returns after fees and bad debts for ordinary investors who lend today by spreading their money evenly between all the companies in the index, which includes consumer, business and property loans companies that account for around 85% of the market.
Landbay is a property P2P lending company that automatically spreads your money across loans secured against properties in different regions. It has a bad-debt provision fund set aside to pay bad debts, although no reserve fund is a guarantee. The maximum loan-to-value of any property is 72% and the rent must cover the entire monthly interest payment plus 25%.
*Commission, fees and impartial research: our service is free to you. 4thWay shows dozens of P2P lending accounts in our accurate comparison tables and we add new ones as they make it through our listing process. We receive compensation from Landbay, and other P2P lending companies not mentioned above either when you click through from our website and open accounts with them, or to cover the costs of conducting our calculated stress tests and ratings assessments. We vigorously ensure that this doesn't affect our editorial independence. Read How we earn money fairly with your help.