People who lend money through peer-to-peer lenders will be protected from bad debt by new policies introduced in Wednesday’s Autumn Statement.
In an effort to make the UK a more attractive place for financial technology companies, the government revealed a plan to support P2P lending and crowdfunding platforms through a package of measures designed to remove regulatory and tax obstacles.
These include a new bad debt relief for lending through P2P platforms – allowing lenders to write off bad debt in a similar way to banks. This is something that has been lobbied for since rebuildingsociety first started, so we’re delighted about this. It makes investing much more efficient and we’ll be looking at ways to change our statements to reflect it.
This summer, the rebuildingsociety team launched, created a major innovation in P2P lending, the Peer-to-Peer Lending Buyback Guarantee (BBG). It allows a primary lender to act as guarantor to microloans they sell onto secondary lenders,...
Risk. It’s a word that you’ll see plastered over many investment sites, documents and posters (if properly prepared). Regulators worry about investors misunderstanding risk. But its actually the relationship between risk and reward that investors...
2019 has been a great year so far, as we near the end of the year, we'd like to reward you, our loyal lenders, by helping you earn a bit extra on your funds. We're...
Understanding the return you're receiving, compared to the platform average net return and the general health of the full loan book helps you to appreciate our performance in the context of other p2p lending platforms...
