About Peer to Peer Lending
Quite simply, it is the process of matching Borrowers who want a loan to Lenders who want a better return on their money.
RateSetter have a platform that enables individuals looking for a low cost personal loan to "meet" individuals looking
for a better rate of return on their savings. The platform facilitates P2P Lending with unique technology that matches requests for loans and requests for
The beauty of peer to peer lending sites like RateSetter is that due to the online nature of the business
overheads are kept very low. This means a cost saving passed onto customers at both ends of the spectrum; Borrowers get
a lower rate on their loan, Lenders get a better rate on their savings. RateSetter offer some of the most competitively
priced personal loans in the market. When it comes to P2P Lending, RateSetter also offer an excellent rate of return on
your money. Follow the link to view the live Lender rates.
Our personal loans can be used for various purchases, you may be wanting to buy a new or used car,
use the money for a holiday loan to get away, or perhaps you're wanting a home improvement loan to refurbish your
kitchen. The good news is the approval process is fast. It takes up to one working day to hear back from the RateSetter
credit team, and the loan is transferred into your account the next working day. For a small fee you can even request a
sameday transfer. To apply for an unsecured personal loan with us simply get your free SmartQuote today by
visiting our application page. Thank you for your interesting in RateSetter.
RateSetter is a trademark of Retail Money Market Limited (Company Number 7075792)
Retail Money Market is licensed by the OFT, a member of CIFAS and registered under the Data Protection Act
*Representative APR and AER based on the last matched rates on RateSetter. They include all fees. AER assumes full reinvestment
of repayments at the current last matched rates throughout the term and assumes any bad debt can be covered by the RateSetter Provision Fund.
Data from the RateSetter website (including market data) is protected by © and database rights. It may not be used for
any purpose without a licence. © Retail Money Market Limited. All rights reserved.