Peer-to-peer lending firms to face new rules from April

in Loans
1 reply 1.4K views
"Consumers using peer-to-peer firms will be better protected when lending and borrowing money under new rules from April..."
Read the full story:

Peer-to-peer lending firms to face new rules from April

OfficialStamp.gif

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.

Replies

  • verlorenverloren Forumite
    19 Posts
    Part of the Furniture Combo Breaker
    Forumite
    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...
This discussion has been closed.
Latest News and Guides