Flexible peer to peer lending & borrowing
Your money, your way

Loans & lending - what is available

In this section you will find information on lending and loans that are currently available on the site and how much/for how long you can lend or borrow, with indicative rates. New products will be added from time to time as we expand our offering.

When we have been running a while we will add website statistics, actual loan rates and actual returns on lending.

What is Available

Person to person unsecured loans & lending

Borrow: Fixed Term & Rate

Term months From 2.00 To 22.00
in 3 month steps e.g. 12, 15, 18
Loan amount £ From 22.00 To 1
in £10 steps e.g. £1000, £1010, £1020
Rate nominal % From 4.2% To 8.1%
based on market rates
Rate APR % From 4.8% To 8.7%
includes loan costs (not membership)
Lend: Fixed Term & Rate

Term months From 12,15,18,21,24,27,30,33,36,39,42,45,48,51,54,57,60 To
in 3 month steps e.g. 12, 15, 18
Lend amount £ From £10 To no limit*
in £10 steps e.g. £10, £20, £30
Rate nominal % From 4.3% To 6.1%
based on market rates
Ann. Rate % From 3.0% To 5.2%
annualised rate incl fees & CS (not mem subs)

Activity Within LendLoanInvest
Activity Numbers & Values
Loans
Description Total Number Total Value £
Confirmed Loans 80 99930
Matches 2878 339660
Bids 193 63325
Members
Description Total Number Total Value
Members 40 0
New Bidding Loan Requests 23 26330

The above interest rates are based on typical rates available in the market after fees and assuming the Compensation fund covers any default and before tax.

Default Rates

p2pfa logo

All members of the Peer to Peer Finance Association have agreed to provide detailed annualised figures on arrears and defaults.
We have only been operating a short while and these are our figures to date.

Year  2014
Actual arrears as a percentage of outstanding balances 0.0%
The total of loan repayments more than 45 days late (but not defaulted) as a % of the outstanding amounts from loans made in the calendar year  
Expected lifetime defaults 1.5%
Expected lifetime defaults amount as a percentage of total amount lent in the calendar year  
Actual default rate 0.0%
Total defaulted loan amounts as a % of the total amount lent in the calendar year

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