What to do with a small lump of cash?
Discussion
Funny how that link...
http://fca-consumer-credit-interim.force.com/CS_Re...
...looks nothing like the FCA website...
http://www.fca.org.uk/
...and how the "contact us" link on the former links to the latter looks even funnier.
http://fca-consumer-credit-interim.force.com/CS_Re...
...looks nothing like the FCA website...
http://www.fca.org.uk/
...and how the "contact us" link on the former links to the latter looks even funnier.
I can assure you that that is the FCA register - if you want to go from the FCA website this is a starting point:
http://www.fca.org.uk/firms/systems-reporting/cons...
If you would like to check please feel free to search for Zopa or Funding Circle and you will see that we have the same permissions.
We won't be responding to other comments on this board as we do not feel it is appropriate to "market" our site here - however we felt that we had to respond to serious allegations relating to our regulatory status. I am sure that users of this board are capable of doing their own due diligence.
http://www.fca.org.uk/firms/systems-reporting/cons...
If you would like to check please feel free to search for Zopa or Funding Circle and you will see that we have the same permissions.
We won't be responding to other comments on this board as we do not feel it is appropriate to "market" our site here - however we felt that we had to respond to serious allegations relating to our regulatory status. I am sure that users of this board are capable of doing their own due diligence.
Landbay,
So you've applied for, but not actually received full permission? If so, why don't you offer a far clearer statement across your website? You have to dig very deep to find the one clear statement (re interim permissions) alongside the three of four slightly misleading ones that imply that you have full permissions. Would you consider changing them, so that clients might be treated fairly?
Your risk 'warning'.. It's a bit light and misleading doncha think? Just the one risk? Would you like to see a list of warnings that an organisation that applies itself as diligently as I'm sure you'd like to, might use? Do bailiffs costs and other fees etc, get taken off the headline rate of return and now that you're here, so that we can all make an informed decision, and what are your costs, charges and fees?
So you've applied for, but not actually received full permission? If so, why don't you offer a far clearer statement across your website? You have to dig very deep to find the one clear statement (re interim permissions) alongside the three of four slightly misleading ones that imply that you have full permissions. Would you consider changing them, so that clients might be treated fairly?
Your risk 'warning'.. It's a bit light and misleading doncha think? Just the one risk? Would you like to see a list of warnings that an organisation that applies itself as diligently as I'm sure you'd like to, might use? Do bailiffs costs and other fees etc, get taken off the headline rate of return and now that you're here, so that we can all make an informed decision, and what are your costs, charges and fees?
lm1985 said:
So you've applied for, but not actually received full permission?
No. They have been granted interim permission - which is what they (and all other P2P lenders) have to apply for.Exactly the same as Zopa - the biggest P2P lender in the UK.
I'm not here to speak for them as I am not an employee (I am a small investor and also have a lending account with them - which I have never tried to hide) so won't be posting anymore on this thread.
Your initial post basically accused me personally of pushing a company which had lied about being FCA Regulated. Now you can see it is FCA Regulated don't you think it wise to retract those comments?
Edited by gregf40 on Tuesday 13th January 10:16
Right, I've been doing some thinking and I definitely want to go down the stocks and shares ISA route. It just works for me and I'm starting to think that this may be more long term than my initial thought of 3 years.
I'm really tempted to go for United States Oil Fund as one of my long term investments; the issue is that Hargreaves Lansdown won't let me buy funds in it using their Stocks and Shares ISA.
Is this because it is a fund or can I get an ISA through another FSC that I can do it through?
I'm really tempted to go for United States Oil Fund as one of my long term investments; the issue is that Hargreaves Lansdown won't let me buy funds in it using their Stocks and Shares ISA.
Is this because it is a fund or can I get an ISA through another FSC that I can do it through?
(thread bump)
PH delivers again!
I just heard about Landbay, and was about to post a question here, before signing up. But instead I did a search and found this thread.
Got to say I find that offering finance advice here without stating a vested interest is pretty scummy.
And as that's what the owners of the business are like, I definitely won't be investing.
PH delivers again!
I just heard about Landbay, and was about to post a question here, before signing up. But instead I did a search and found this thread.
Got to say I find that offering finance advice here without stating a vested interest is pretty scummy.
And as that's what the owners of the business are like, I definitely won't be investing.
EskimoArapaho said:
(thread bump)
PH delivers again!
I just heard about Landbay, and was about to post a question here, before signing up. But instead I did a search and found this thread.
Got to say I find that offering finance advice here without stating a vested interest is pretty scummy.
And as that's what the owners of the business are like, I definitely won't be investing.
I'm a tiny shareholder who has stated so numerous times on other threads around the same time I posted on this one (that's why another member pointed it out).PH delivers again!
I just heard about Landbay, and was about to post a question here, before signing up. But instead I did a search and found this thread.
Got to say I find that offering finance advice here without stating a vested interest is pretty scummy.
And as that's what the owners of the business are like, I definitely won't be investing.
With hindsight I should have mentioned in my first post and not assumed others had seen the other thread I had mentioned it on - so I apologise for that.
I in no way represent the company. I just tried to answer questions that other members asked honestly - that's all.
The company has secured a £250m annual funding line from a UK bank since I posted on here so it seems others are happy to lend through them:
http://www.altfi.com/news/951
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