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UK: Peer-to-Peer Lender RateSetter First to Receive Risk Rating

UK: Peer-to-Peer Lender RateSetter First to Receive Risk Rating

The growing global peer to peer (P2P) lending industry took another step in the direction of popular acceptance as RateSetter, the UK's biggest P2P lender by monthly volume, has now become the first platform to be risk-rated by the ratings and research agency FE, with a risk score of 1 – described as similar to cash accounts.

Alternative FinancingCredit Risk & Scoring