Peer Lending Zopa etc?

[ringram]

Yep

[firemunki]

It's now been a over a year since this post and how are people finding it?
Thinking about putting £500 in and see how it goes.

[43034]

I'd be interested to hear of any more success stories.

I'm getting a lowly 1% with my TSB ISA. They do a current account at 5%, up to £2k, with a maximum of two accounts which I have but I'm fed up of my ISA rate.

Thinking about locking away a few k for a year and adding more if successful.

[gregf40]

I've started using LandBay. Just like Zopa (in fact the founder and ex-CEO of Zopa sits on their board) but loans are secured against UK residential property and you lend to landlords.

Seems good so far and has had a lot of positive press.

[Bullett]

I have invested £800 with an instruction to re-invest payments. If I pulled out I could get back almost £1000.
I've lost £5.84 to bad debt on one loan and that is just about to go to recovery so I might get something back.

[traxx]

I started playing with FC around the time this thread came up.
Perhaps by luck or perhaps because I actually bothered to read what the firms did I haven't had any bad credit problems

However I'm really shock by how badly some of the recent requests read. Some of the accounts just make no sense, then the directors avoid answering difficult questions - yet I have still yet to see one firm which doesn't get fully funded

[gregf40]

traxx said:

I started playing with FC around the time this thread came up.
Perhaps by luck or perhaps because I actually bothered to read what the firms did I haven't had any bad credit problems

However I'm really shock by how badly some of the recent requests read. Some of the accounts just make no sense, then the directors avoid answering difficult questions - yet I have still yet to see one firm which doesn't get fully funded

Traxx - have a look in my profile.

I tried Funding Circle but found the same problems you mentioned.

I now use Seedrs (investing for equity not loans) - some really interesting ones come up and the SEIS and EIS tax and loss relief makes it really attractive.

2 I currently like seeking investment on there are Stamplay and POQ.

Might be up your street?

[mikerons88]

gregf40 said:

Traxx - have a look in my profile.

I tried Funding Circle but found the same problems you mentioned.

I now use Seedrs (investing for equity not loans) - some really interesting ones come up and the SEIS and EIS tax and loss relief makes it really attractive.

2 I currently like seeking investment on there are Stamplay and POQ.

Might be up your street?

lol, thats the third time you have deleted your post and re posted at the hope of traxx replying to you.