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.
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...
All loans listed on the rebuildingsociety.com platform are assigned a risk rating of A* to C. Businesses may also have a risk rating of 'D' or 'E', however in this case they would not be...
In this post we’ll take a closer look at how rebuildingsociety.com monitors the platform's loan book. For an SME, change is inevitable. Whether it's changes to key personnel, the business model, trading location, services, or...
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...
