Funding Circle Reviews

Started off well but went bad very quickly

I started lending with funding circle in about 2016, at first it went well as in I was making a little money through interest but as soon as they changed their model in 2018 it went downhill very rapidly, they were lending to anybody who asked them...

I started lending with funding circle in about 2016, at first it went well as in I was making a little money through interest but as soon as they changed their model in 2018 it went downhill very rapidly, they were lending to anybody who asked them and their due diligence test were a joke, pretty soon they had more defaults than they were letting on, hence they money coming in quickly turned negative and so I tried to sell up but with anything it will take time to get out, hopefully with a couple of pennies in front

Lewis Baines

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Poor performance and slow withdrawals!

Been trying to withdraw funds since last July with very little progress made after 6 months. Withdrawing funds because of disappointing performance.

IainG

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OK

They were OK, but really shouldn't have loaned the money.

HSMK

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Seems like a great platform.

Ive had a bit of money stashed away for a while and it seems to be making far more in interest than any high street bank. I’ve recommended it to my wife too and she’s put a bit of money aside.

Jay Riley

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peer to peer

a solid peer to peer which is unlikely to go bust, and where your money is likely to appreciate. (unlike our banks)

grahamsthename

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Great product and service

Really great product and service. Can't fault it. Really happy to have this as part of my portfolio

Nick Cullen

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Easy to use

Easy to use, very quick and easy. Will continue to invest for the foreseeable future

Richard Reading

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Really terrible

Not Actually prepared to give them a mark of any kind they kept me hanging on for days and then declined it after accepting Application Not Worth making an application with them not worth the drama

Cee

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Feedback

Apart from a very glitchy website and app everything else is fine!

Paul Bostock

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Didn't Invest - Got Fed up with too many emails

I joined Funding Circle as I was looking for alternative investments. The site is good, the deals are ok, but the email traffic you get from them is too much. In the end I unsubscribed and opened an ISA for my wife as they are easier to understand....

I joined Funding Circle as I was looking for alternative investments. The site is good, the deals are ok, but the email traffic you get from them is too much. In the end I unsubscribed and opened an ISA for my wife as they are easier to understand. When it's a new form of investing overkill on emails sets alarm bells off - 'these guys seem to desperate for my cash'.

Paulc

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Solidly reliable

The importance of a non-bank funding source is growing...it's vital to my business to have this kind of access to capital. Funding Circle do a good job and can only really grow.

Alistair

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Loans get funded quickly

I was seeking financing for my business and came across Funding Circle as an alternative to the traditional lenders. I found the whole process quite simple and my loan was funded quickly. I was initially a bit concerned that raising funds in this way...

I was seeking financing for my business and came across Funding Circle as an alternative to the traditional lenders. I found the whole process quite simple and my loan was funded quickly. I was initially a bit concerned that raising funds in this way might put-off some of my customers but this concern provided to be unfounded.

Martin

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