London Capital and Finance

[Shnozz]

I am looking at these

https://www.londoncapitalandfinance.co.uk/bonds

I have not invested before in Bonds and am a little edgy about doing so only because I am inexperienced in terms of what asset backed security truly sits beneath the investment. I am experienced in equities etc but this is new to me.

Any views on LC&F or the product on offer? Based on my investment the returns are below CGT threshold so would be alongside an ISA and not in place of.

[Shnozz]

Truffles said:

Unregulated, no compensation scheme, no details of the underlying securities and too-good to be true interest rates. Run away.

All points I had taken into account and come to a similar conclusion. The fact the underlying loans are made between 12%-20% to businesses made me feel as though it was the pay day loan equivalent of the business world and the companies borrowing must have credit issues to be paying those rates and not applicable for loans from more "standard" lenders offering rates at more reasonable levels.

Still, worth asking the question. If it looks to good to be true...ah well.