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Elfin Market - Peer To Peer

NewToTheUkAgain

NewToTheUkAgain Posts: 156 Forumite

12 September 2019 at 10:47PM in Loans

Has anyone else heard of these?

Not sure what to make of them, rates seem low but you can only borrow small amounts.

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Comments

boo_star Posts: 3,202 Forumite

13 September 2019 at 3:20AM

I wouldn't say 5.8% representative is low.

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NewToTheUkAgain Posts: 156 Forumite

13 September 2019 at 7:29AM

When they are only lending a maximum of £2k it’s not high for small loans. I’ve applied now and been offered it at 4.8%

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