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Funding Circle?

Anyone know much about funding circle? I like the idea lending to uk business but not sure if there is a downside?
Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535

Retirement Planning
Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,500

Comments

  • CathT
    CathT Posts: 7,135 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi Sque, ourcornercottage has a diary on here and has invested in them.
    Nov 2025 - part 1 - £13,878 part 2 - £20,953 Total - £34,832 24 months to go!
  • edinburgher
    edinburgher Posts: 14,549 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Plenty of information on savings and investments board as well, jamesd in particular seems quite keen on P2P lending.
  • Firegirl
    Firegirl Posts: 1,033 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Thankyou- I'll have a look.
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535

    Retirement Planning
    Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,500
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