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Peer2Peer Finance News | November 19, 2017

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default rates

RateSetter updates lender terms ahead of provision fund changes

February 2, 2017 |

RATESETTER has published updated lender terms as it prepares to tweak its provision fund.

The new terms have been published on Thursday, one month ahead of the changes to the fund to address concerns that it is too “binary.”

Under previous … Read More

S&P predicts less defaults among European corporates next year

December 13, 2016 |

DEFAULT rates among European non-financial companies are likely to remain “exceptionally low” next year, according to Standard & Poor’s research.

In its European corporate outlook 2017 report, the ratings agency said it expects the default rate for non-financial corporates … Read More

Saving Stream apologises over debt error

October 5, 2016 |

SAVING Stream has apologised for failing to inform investors that one of its borrowers has gone into receivership.

The peer-to-peer lending platform has appointed receivers on a £455,000 loan, but did not inform its investors, according to a report in … Read More