P2P Finance

P2P loans from RateSetter. Low cost personal loans. Borrow peer to peer for a better rate, lower APR.


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P2P Finance
So how does P2P finance work?
You choose the rates. We do the rest.
What rate can I earn with P2P finance?
 
 

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P2P finance offers excellent savings rates

5.0% *5 Year Income market

P2P Finance


P2P Finance
Welcome to RateSetter, home to one of the UK’s leading P2P finance sites. We offer a simple to use platform, where you can meet both lenders and borrowers, making peer to peer finance and profiting from P2P loans easier than ever before. It's a better way to save and borrow, P2P.

Most of us keep our savings with our bank, but don’t realise just how much of the interest banks earn on lending this money to their other customers that we lose out on, as banks profit for earnings made at our expense. This doesn’t have to be the case, as P2P finance offers a viable, simple to use alternative, allowing you to offer out your savings yourself, profiting from the interest made.

So how does P2P finance work?


P2P finance makes it possible for savers to become lenders, allow them to better utilise their savings, getting them working harder for them at a rate of return that they set. RateSetter is not a bank, meaning that we don’t lend our own money to borrowers, instead, working to bring lenders and borrowers together, within our easy to use exchange marketplace. By P2P lending your money to borrowers direct, through our platform, you stand to make significantly higher rates of return from your savings than you would from interest rates offered by banks, ensuring that your money is working as hard as it can for you.

With RateSetter, you alone choose the rates and we do the rest.


Although we are not a bank, we do carry out the same level of checks to ensure that those who use our service are both reputable and credit-worthy, helping to significantly reduce the risk of default, giving you that much needed assurance that your money is in good hands with us. It is precisely these checks which allows RateSetter to boast one of the lowest rates of default found anywhere within the wider P2P finance industry. As well as this, we offer a unique Provision Fund, which works to further protect and shield you from bad debt, a service that you won’t find elsewhere.

What rate can I earn with P2P finance?


As all of the rates found on RateSetter are offered by lenders direct, you are free to earn as much or as little from your P2P finance investments as you’d like. Once you have signed up to RateSetter, and offered your rate, our team will then work to pair you with a suitable borrower who would be happy with your offer, making it faster and easier to start lending with RateSetter than with most other P2P finance sites. P2P finance is by no means new, but how RateSetter work, the matching process we offer and the lower risk with our service than with other peer to peer lending sites is. All of these aspects of our service work in unison to make finding a borrower or lender far simpler, easier and quicker than ever before. If you are considering P2P finance as a way of putting your savings to better use then why not give us a call. One of our representatives will be on hand to help, helping you to get started within the world of P2P finance.