2017 less lending than 2016!

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pip

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2017 less lending than 2016! Jan 10, 2018 17:21:18 GMT

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Post by pip on Jan 10, 2018 17:21:18 GMT

Ratesetter lending 2016: £582,442,614
Ratesetter lending 2017: £574,414,232

Ratesetter lending first half 2017: £301,667,104
Ratesetter lending second half 2017: £272,747,128

Hope they are not thinking of an IPO, these are not good growth rates! I stopped lending two years ago and I am clearly not the only one.

davee39

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2017 less lending than 2016! Jan 10, 2018 17:30:49 GMT TheDriver likes this

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Post by davee39 on Jan 10, 2018 17:30:49 GMT

Jan 10, 2018 17:21:18 GMT pip said:

RS are not short of Lender Funds, as the current 5 year rate shows. They have pulled out of some areas of commercial lending, and following sharp losses they might be taking more care in other areas. The personal loans market is highly competitive due to the extraordinary volume of cheap funding available to banks.

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