You'll be surprised which P2P gives the best returns
Funding Circle? Zopa? Ratesetter? Who gives the best return? According to one investor, it's none of the above.
It's rebuildingsociety.com , the comparatively small Leeds based P2P business lender, that has given returns nearly twice as high as the competitors.
According to the investor "in broad terms, average returns have gone from 13-14% to a low of 6.9%, now recovering to about 9%, and my target is 10 -12%, probably nearer to 10%. Inspite of the set backs and my withdrawing some money, these interest rates, compounded through reinvestment have resulted in the amount in the account having more than doubled."
In the investors experience:
Funding Circle (5.9%)
Zopa (4.1 – 4.3%)
Ratesetter (circa 4.4%)
"So Rebs (rebuildingsociety.com) is still returning a significantly higher rate. (around 9%) And now, of course, it is the only site which enables – nay, encourages – you to be an active investor, and does so in a pretty straightforward way."
"In fact I have found Rebs to have been superior to Funding Circle in terms of information available to active investors in all phases of the investment cycle (initial information, updates, news of financial difficulties with individual investments, involvement in decisions over recovery actions, and in relation to returns and income). The relationship with Funding Circle always felt (indeed feels even more so) a bit remote, cold, even ‘robotic’"
Well there you go. Small is beautiful. And delivers bigger returns. For more info and to read the full customer experience, visit here
https://www.rebuildingsociety.com/lender-review-speaks-rebs-success/