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Originally Posted by Bjauck
When on call interest rates increase, maybe they will consider paying interest on the investor's account over a certain balance.
Yes, right now not one of the NZ P2P lenders do pay Interest on Investors money awaiting loans.
There is a reason for it that Squirrel explained to me once ( even though JB committed to it happening maybe 12 months ago now, on their thread on this site ) Something like it changes the 'Beast' from a P2P lender to something like that of a Bank status and that is not covered by their Financial Markets Authority Operating License today.
Last edited by Saamee; 21-12-2016 at 02:17 PM.
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