We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
P2P Lending through Kuflink
harisinfo
Posts: 2 Newbie
Has anyone tried P2P lending through Kuflink (invest.kuflink.co.uk)? Would like to know your thoughts. Based locally in Kent and have a large presence in the town centre.
0
Comments
-
Some discussion here: http://p2pindependentforum.com/thread/7011/new-company-kufflink-uk
Not to my taste. I note they take a 20% stake in each loan - I don't think the FCA will allow them to continue to do that.
Edit: Oh, and they are not fully FCA authorised yet, contrary to the first post in the linked thread.0 -
I think that's a selling point and not against any of the FCA guidelines. The 20% stake is on a First in last out basis. Similar companies in the space are Octopus Choice0
-
It's certainly a selling point. However, it is also a risk to the platform.I think that's a selling point and not against any of the FCA guidelines. The 20% stake is on a First in last out basis. Similar companies in the space are Octopus Choice
See long discussion here for the regulatory stuff:
http://p2pindependentforum.com/thread/4746/fca-bans-skin-game0 -
I smell spam lolThe instructions on the box said 'Requires Windows 7 or better'. So I installed LINUX
:D0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards