Lenders please note: Don’t invest unless you’re prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Flexible peer to peer lending & borrowing.
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In this section you will find information on lending and loans that are currently available on the site and how much/for how long you can lend or borrow, with indicative rates. New products will be added from time to time as we expand our offering.
When we have been running a while we will add website statistics, actual loan rates and actual returns on lending. {tab=What is Available}
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Person to person unsecured loans & lending
Borrow: Fixed Term & Rate
Term months
From 2.00 To 22.00
in 3 month steps e.g. 12, 15, 18
Loan amount £
From 22.00 To 1
in £10 steps e.g. £1000, £1010, £1020
Rate nominal %
From 4.2% To 8.1%
based on market rates
Rate APR %
From 4.8% To 8.7%
includes loan costs (not membership)
Lend: Fixed Term & Rate
Term months
From 12,15,18,21,24,27,30,33,36,39,42,45,48,51,54,57,60 To
in 3 month steps e.g. 12, 15, 18
Lend amount £
From £10 To no limit*
in £10 steps e.g. £10, £20, £30
Rate nominal %
From 4.3% To 6.1%
based on market rates
Ann. Rate %
From 3.0% To 5.2%
annualised rate incl fees & CS (not mem subs)
Activity Within LendLoanInvest
Activity Numbers & Values
Loans
Description
Total Number
Total Value £
Confirmed Loans
21
44360
Matches
109
2600
Bids
1755
129800
Members
Description
Total Number
Total Value
Members
449
0
New Bidding Loan Requests
0
0
The above interest rates are based on typical rates available in the market after fees and assuming the Compensation fund covers any default and before tax. {tab=Default Rates}
All members of the Peer to Peer Finance Association have agreed to provide detailed annualised figures on arrears and defaults. We have only been operating a short while and these are our figures to date.
Year
2014
Actual arrears as a percentage of outstanding balances
0.0%
The total of loan repayments more than 45 days late (but not defaulted) as a % of the outstanding amounts from loans made in the calendar year
Expected lifetime defaults
1.5%
Expected lifetime defaults amount as a percentage of total amount lent in the calendar year
Actual default rate
0.0%
Total defaulted loan amounts as a % of the total amount lent in the calendar year
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