Following the Covid-19 outbreak and the current economic environment, RateSetter announced on 4 May a temporary reduction in interest for the remainder of the year. During this time, investors will receive only 50% of their interest with the other 50% going to the Provision Fund, for the protection of all investors. Also, since the outbreak, the time it is taking investors to release their investments is currently longer than normal. Further information is available here.
The quill was perfect.
Until someone invented the pen.
Investing and borrowing
rewritten for everyone.
FCA authorised and regulated
Over 84,000 investors
Operating since 2010
Over £3.6 billion invested to date
Invest
Earn interest every day
+
Invest tax-free in our Innovative Finance ISA
+
Make regular direct debit contributions using our Auto Invest feature
Borrow
Get a loan at competitive rates
+
With flexible repayment terms
+
Fast response with no impact on your credit score
Peer-to-peer means better value for everyone
Ever wondered how your bank makes money? By lending your money. We believe that your money should work for you instead of someone else.
In 2010, we founded RateSetter on that principle. We created a peer-to-peer platform to connect those who have money to invest with those who want to borrow it. We may not offer the lounge service and marble foyer of your bank, but we exist for people who want rewarding investments. Or a competitive loan.
RateSetter news
Comparing performance of investment classes in H1 2020
We analysed the performance of mainstream investment classes in H1 2020. Following the Covid-19 outbreak and the current economic environment, RateSetter announced on 4 May a temporary reduction in interest for the remainder of the year. During th...
Inside RateSetter: Asset Finance
Our ‘Inside RateSetter’ series has covered consumer finance and property finance. In our latest blog we speak to George Stancliffe who oversees RateSetter’s asset finance operations. Please tell us about your background I originally qualified as a...
Inside RateSetter: Consumer Finance
In the latest blog in our ‘Inside RateSetter’ series we talk to Anna Decoudu, RateSetter’s Head of Consumer Finance. Anna, tell us about your background in consumer finance After studying econometrics, I started my career at Capital One and worked...
Inside RateSetter: Provision Fund metrics
In last week’s blog our Chief Operating Officer, Jonathan Hodge, explained what the Provision Fund does and how it operates. This week we asked Chief Credit Officer, Michael Hoare, about the Provision Fund’s key metrics and how they are calculate...
Inside RateSetter: the Provision Fund
RateSetter was awarded the prestigious Queen’s Award for Enterprise last year specifically in recognition of our pioneering innovation of the Provision Fund model. We spoke to Jonathan Hodge, RateSetter’s Chief Operating Officer to find out more...
