Latest News Headlines
Commercial Credit News
|P2P sector saw £2bn loans in 2015: Comment|
|Tuesday, 02 February 2016|
Kevin Caley, Founder and Chairman of ThinCats, said: “The low interest environment has drastically altered the investment market, creating a booming alternative lending sector, as savers cut out the banks to access average returns of as much as 9% on secured loans.
“Today’s figures from the P2PFA demonstrate that the sector grew at a truly remarkable rate in 2015 and we expect this trend will continue, especially if the new Innovative Finance ISA launches as expected in April. By allowing people to invest their full ISA allowance into peer-to-peer while gaining tax-free returns the new tax-wrapper will help to bring peer-to-peer into the mainstream investment arena and attract many more people to the emerging asset class. Our own research suggests that one in three investors will consider moving money into peer-to-peer once the new ISA comes into play.”
Forums International Ltd
Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.
Find out more here.
The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.
CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.
As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.
Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.
GTS Media Ltd
81 Cambridge Road
Registered in England No: 05483197