Phil Bellamy, Panel Of Peers Nominee
It's a hot time in Read more.season with several companies offering highly attractive cashback of up to £4,000 or 5% (even up to 200% if you're just lending small amounts!)
Phil Bellamy has very generously volunteered to put his name down for the Panel of Peers, which is a powerful panel of 4thWay users that ensures 4thWay remains completely independent.
Please read about him below. If you have any objections to his nomination, such as knowledge of a connection to any P2P lending platforms or to competitors of 4thWay, please let us know.
About Phil Bellamy, 4thWay user and Panel of Peers nominee
Phil Bellamy is a consultant to the financial services sector, and managing director of Tibbingtonconsulting.co.uk. He was also a pension trustee and Chairman of the Trustees of a large pension scheme, and has a detailed understanding of many types of investments.
Phil has been doing P2P lending for over 10 years now, and currently hasspread across about a dozen platforms.
In his spare time he is trying to teach his children financial literacy, which can be challenging at times with nine- and 12-year-old students!
Questions for Phil from 4thWay users
Have you lost money at any P2P lending platforms?
“I haven't had any significant losses on P2P to date, but I have of course experienced unpaid debts, some of them being written off completely, but as they were spread over many loans, the interest from others offset the losses. The platform was ZOPA for info.”