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Jonathan Cox

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Review of the RateSetter, Loans:

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Tempted by advertised bank interest rates

After applying for a loan from my bank, advertised interest rate of 2.9% APR, I was somewhat surprised to receive an offer with an interest rate of nearer to 30% APR! After the initial panic subsided I looked at P2P lending, applied to Ratesetter and received a loan with an interest rate of 3.2% within a few days. A completely painless and hassle free exercise which I would recommend to anyone looking for a competitive and flexible loan. Reviewed on: 30th June 2017

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