Funding Circle, Ltd.
Client Review on Funding Circle, Ltd.
Feedback:
Misleading... The advertising made it sound like I'll be lending to the businesses but the truth is that they lend the money on your behalf. That means you don't choose how much and to whom you want to lend they invest 10-20£ in hundreds of loans. The only control you have is to choose between two options less and more risky. My retirement account has more options than this and gets better returns. I thought this could be a fun alternative to ISA stocks and shares but it's like one of those products for old people that is so simplified you only give your money for a promise of a return. Also I don't even see the point of letting me know what businesses I'm lending to when I have no control over it.Update: to get the cash out is a problem too! They are asking for copies of my bank statements! Paying money in is easy getting them back not so much! Question have Fidelity ever done anything like that with my ISA account? No - it was easy for me to invest disinvest get cash in and out. It's cos they are professional and this is just a mockery of a financial services provider. I presume they struggle with liquidity so have to deploy stalling tactics...
Email Us
Our team would love to communicate with you and generally responds within 24 hours.
Our Partners
become a partner
