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Peer-to-peer lending firms to face new rules from April
Former_MSE_Michael
Posts: 95 Forumite
in Loans
"Consumers using peer-to-peer firms will be better protected when lending and borrowing money under new rules from April..."
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Peer-to-peer lending firms to face new rules from April
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Peer-to-peer lending firms to face new rules from April
Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
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One of the biggest risks is that the government tax any profit as income (rather than interest), and won't let you write off any losses against tax. Strangely today's changes don't seem to impact that...0
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