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.
Stage 1 of the roadmap out of lockdown helped get children back into school, which indirectly helped SMEs by increasing productivity of parents working from home, and by reducing the need to furlough working parents...
Understanding the platform average net return and the general health of the full loan book helps you to appreciate rebuildingsociety.com's performance in the context of other P2P lending platforms and other forms of investment. The average...
Understanding the platform average net return and the general health of the full loan book helps you to appreciate rebuildingsociety.com's performance in the context of other P2P lending platforms and other forms of investment. The average...
About this time every year I see a myriad of ‘saving challenges’ shared around the internet, claiming that you can easily save large amounts of money throughout the month or year. The one I see...
