The Anonymous Widower

Peer-to-Peer Lending Losses To Be Eligible For Relief

An obstacle to some, who might want to use peer-to-peer lenders to save money, is that any there was no relief for any bad debts. But George Osborne has changed all that and you can read about it in the Guardian. This is said.

And this week the industry received a major boost when George Osborne unveiled a package of measures designed to help it grow. Crucially, the chancellor announced a new bad debt relief which will allow individual investors to offset any losses.

So it seems that peer-to-peer lending is getting less risky all the time.

December 6, 2014 - Posted by AnonW | Finance | Peer-to-Peer Lending, Tax