{"id":20989,"date":"2015-10-10T13:00:13","date_gmt":"2015-10-10T06:00:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/internet-peer-to-peer-lenders-offer-savings-rates-that-are-peerless\/"},"modified":"2016-07-26T23:21:58","modified_gmt":"2016-07-26T16:21:58","slug":"internet-peer-to-peer-lenders-offer-savings-rates-that-are-peerless","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/internet-peer-to-peer-lenders-offer-savings-rates-that-are-peerless\/","title":{"rendered":"Internet peer-to-peer lenders offer savings rates that are peerless"},"content":{"rendered":"


\nI\u2019ve long been wary of P2P lending, but high street banks are offering such paltry returns. So I\u2019ve taken the plungeThe easy saver account at my bank pays a princely 0.25% interest. If I open up its cash Isa and take advantage of my tax-free allowance instead, the rate moves up to 0.8%. If I am prepared to move the money and put it in the very highest paying instant savings account in the market, the amount of interest crawls up to just 1.65% \u2013 and that from a bank even I have never heard of. On top of this, the Bank of England, at its latest monthly meeting this week, decided yet again to hold the base rate at 0.5%. With no sign of ever getting a decent return on my cash, I have finally capitulated.For years we have written in Guardian Money about the tantalising rates on offer from \u201cpeer-to-peer\u201d lenders. These are the internet-only operations which offer a sort of lonely hearts service for people who have money, matching them up with people who want to borrow it. By cutting out the banks they offer much higher rates of interest. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Internet peer-to-peer lenders offer savings rates that are peerless<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I\u2019ve long been wary of P2P lending, but high street banks are offering such paltry...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-20989","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5sx","jetpack-related-posts":[{"id":44664,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-new-isa-is-offering-tax-free-returns-of-12-so-whats-the-catch\/","url_meta":{"origin":20989,"position":0},"title":"A new Isa is offering tax-free returns of 12% \u2013 so what\u2019s the catch?","date":"February 18, 2017","format":false,"excerpt":"\r The \u2018innovative finance\u2019 Isa is being hailed by some as the answer to years of miserable interest rates. We look at who\u2019s offering them and how they workIt\u2019s the new type of Isa offering returns of up to 12% \u2013 or perhaps even 20% in future. But are rates\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56802,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/peer-to-peer-lending-promised-6-but-ive-been-left-red-faced-and-in-the-red\/","url_meta":{"origin":20989,"position":1},"title":"Peer-to-peer lending promised 6%, but I\u2019ve been left red-faced and in the red","date":"June 3, 2017","format":false,"excerpt":"\r James Patterson hoped his \u00a31,000 investment in Funding Circle would reap returns 10 times more than his bank offered. But 18 months on, he\u2019s losing moneyWhen James Patterson invested \u00a31,000 in the peer-to-peer (P2P) lender Funding Circle back in 2015, his hope was that his money would grow a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24649,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/peer-to-peer-giant-zopa-cuts-lending-rates-after-interest-rate-cut\/","url_meta":{"origin":20989,"position":2},"title":"Peer-to-peer giant Zopa cuts lending rates after interest rate cut","date":"September 1, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Peer-to-peer giant Zopa cuts lending rates after interest rate cut","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13064,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-lending-club-the-canary-in-the-coalmine-for-peer-to-peer-lenders\/","url_meta":{"origin":20989,"position":3},"title":"Is Lending Club the canary in the coalmine for peer-to-peer lenders?","date":"May 14, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Is Lending Club the canary in the coalmine for peer-to-peer lenders?","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13122,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/peer-to-peer-lenders-rush-to-reassure-uk-investors\/","url_meta":{"origin":20989,"position":4},"title":"Peer-to-peer lenders rush to reassure UK investors","date":"May 15, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Peer-to-peer lenders rush to reassure UK investors","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14012,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/peer-to-peer-lenders-will-never-challenge-the-banks-says-deloitte\/","url_meta":{"origin":20989,"position":5},"title":"Peer-to-peer lenders will never challenge the banks, says Deloitte","date":"May 23, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Peer-to-peer lenders will never challenge the banks, says Deloitte","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20989"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=20989"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20989\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=20989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=20989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=20989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}