What is Peer to Peer Lending?
Peer to Peer Lending (also referred to as P2P or P2B – Peer-to-business) is the practice of borrowers taking out loans from individual investors who are willing to lend their own money for an agreed interest rate. It has become so popular in recent years (thanks...
Peer to Peer Lending: How to mitigate/mollify risks
Being a relatively new form of investing, many savers are understandably a bit nervous of putting money into a Peer to Peer Lending scheme. What if it all goes wrong, they ask themselves. And why shouldn’t they? Traditional banks and building societies haven’t exactly...
Sourced’s View on Stricter Regulations for the P2P industry
At the end of last year (Monday 9th December), a new set of FCA Regulations were introduced for Peer to Peer lending platforms, requiring a far more robust accreditation process for those looking to invest. These stricter onboarding measures now require potential...