The RateSetter Blog

Peter and Rhydian fielding questions

We wanted to write a quick post to thank all of those who attended this week’s Lender Drinks on London’s Bankside. The RateSetter team were out in force and we were thrilled with the turnout of Lenders who came to meet and ask questions.

There were many questions and topics of discussion – chief amongst them was the path towards regulation. As many of you know, we launched a trade body in the summer of last year, for which a stated ambition is to progress regulation of peer to peer. Like anything involving the world of government, it is a gradual and considered process, but, with our colleagues in the P2PFA, we are determined to continue to strive for clear and unambiguous acknowledgement of the growing world of peer to peer lending.

Of particular interest was hearing the things that you think work and don’t work so well about RateSetter, as well as what is clear and what is not so clear; whilst the feedback was positive overall, we took a lot of thoughts and inspiration from it. We’re committed to continually improving and enhancing the RateSetter experience – you’ll see a lot more in the next few months – and evenings like Wednesday are a great gauge of what’s important to you.  We have listened and will respond with both communication and action.

Thanks once again to all of you for coming along, and to those who have responded as part of the Lender Survey (in your monthly statement). We will be developing in the next few months with your feedback in mind and (in some cases ringing in our ears…)