{"id":4305,"date":"2016-02-10T20:32:08","date_gmt":"2016-02-10T13:32:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/former-city-regulator-warns-of-potential-peer-to-peer-lending-crisis\/"},"modified":"2016-02-10T20:42:23","modified_gmt":"2016-02-10T13:42:23","slug":"former-city-regulator-warns-of-potential-peer-to-peer-lending-crisis","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/former-city-regulator-warns-of-potential-peer-to-peer-lending-crisis\/","title":{"rendered":"Former City regulator warns of potential peer-to-peer lending crisis"},"content":{"rendered":"


\nLord Turner questions rigorousness of checks on borrowers and says industry losses could emerge that make the worst bankers look like \u2018lending geniuses\u2019The former City regulator Lord Turner has warned that losses in the peer-to-peer (P2P) lending industry will make Britain\u2019s worst bankers look like geniuses. Turner said P2P lenders were trying to automate loans that required proper checks on borrowers assets and competence. He said advertising for the lenders should have clear warnings and that only people who can afford to lose their money should take part. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Former City regulator warns of potential peer-to-peer lending crisis<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Lord Turner questions rigorousness of checks on borrowers and says industry losses could emerge that...<\/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-4305","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\/p75ss1-17r","jetpack-related-posts":[{"id":18726,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/exit-of-p2p-lenders-from-shanghai-office-market-poses-a-challenge\/","url_meta":{"origin":4305,"position":0},"title":"Exit of P2P lenders from Shanghai office market poses a challenge","date":"July 5, 2016","format":false,"excerpt":"\r The recent collapse and exodus of numerous peer-to-peer lending (P2P) companies in China after a government crackdown on fraud has rattled the Shanghai CBD office market and may \u201cpose a challenge for landlords\u201d, experts say.\r \r Source : South China Morning Post\r Read more...Exit of P2P lenders from Shanghai\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20989,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/internet-peer-to-peer-lenders-offer-savings-rates-that-are-peerless\/","url_meta":{"origin":4305,"position":1},"title":"Internet peer-to-peer lenders offer savings rates that are peerless","date":"October 10, 2015","format":false,"excerpt":"\r I\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\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":4305,"position":2},"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":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":4305,"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":3959,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/which-is-the-best-peer-to-peer-lender\/","url_meta":{"origin":4305,"position":4},"title":"Which is the best peer-to-peer lender?","date":"February 6, 2016","format":false,"excerpt":"\r Savings rates are dismaying a reader who instead is considering P2P lending \u2013 but they need your helpEvery week a Guardian Money reader submits a question, and it\u2019s up to you to help him or her out \u2013 a selection of the best answers will appear in next Saturday\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20991,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/quakle-collapse-serves-as-warning-to-peer-to-peer-investors\/","url_meta":{"origin":4305,"position":5},"title":"Quakle collapse serves as warning to peer-to-peer investors","date":"February 15, 2014","format":false,"excerpt":"\r The collapse of one peer-to-peer website a couple of years ago is a salutory reminder that the industry is exposed\u2022 Is peer-to-peer lending too good to be true?\u2022 Profiled: the major peer-to-peer lendersIt was the peer-to-peer website \"for community-minded people\" who wanted to lend money to each other in\u2026","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\/4305"}],"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=4305"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/4305\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=4305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=4305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=4305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}