Fenchurch Legal - a step in the right direction?
Interesting development that I havent seen commented.
Lower rates - fixed term of a year - and greater security (?)
Personally Im very happy to have anew LO away from Auto and Personal loans. Helps the diversification and ergo risk management. Interesting to see that its a UK product in Euros so investors are protected from exchange rate fluctuations.
I will be happy to see the new LOs being more of the same...ie different to personal loans!
Putting Money where my mouth is - I took a 500€ investment in the 11% loans.
Hi there. Read your post and just wanted to check what're your further experiences with investing into Fenchurch loans? Don't you think that takin into account direct investment structure interest is to be paid to investors upfront like it's being done by borrowers of the LO? Thanks for your comments0
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