Originally posted by Cirrus
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Collapse of P2P lending
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Collapse of P2P lending
'CUK forum personality of 2011 - Winner - Yes really!!!! -
Originally posted by northernladuk View PostWhat makes you think this?
Then:
Former City regulator warns of potential peer-to-peer lending crisis | Money | The Guardian"Don't part with your illusions; when they are gone you may still exist, but you have ceased to live" Mark Twain -
Originally posted by northernladuk View PostWhat makes you think this?
Originally posted by Cirrus View PostI'm naturally sceptical: how can young people give higher returns on loans? They don't know anything and besides that, they're young, dress too casually and have their vegetables delivered to their doors in little cardboard boxes.
Originally posted by Cirrus View Post
BooComment
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You Clearly Never Worked For Accenture
Originally posted by Boo View PostBoring. Someone read for me please and report back immediately.
Afterwards, I asked him to explain some of the many things on his slides, as they potentially affected my patch.
He stared at me with semi-horror. How could I be so simple as to think the material was based on anything real or tangible?
So - don't bother about the content of such things. If it looks long and has big words then just assume it's pukka. Accenture make more money than we do..."Don't part with your illusions; when they are gone you may still exist, but you have ceased to live" Mark TwainComment
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Boring. Someone read for me please and report back immediately.
Boo
losses in the peer-to-peer (P2P) lending industry will make Britain’s worst bankers look like geniuses.
views ignored the industry’s record and that default rates on loans were low at 2%-3%.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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On a similar note - Crowd funding: is it worth the risk?
Our business correspondent Helia Ebrahimi reports ...Comment
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