Record growth in lend to save as more savers choose to cut out banks
Online lend-to-save platforms have reported a surge in business in 2014, as more people opt for riskier investments with higher potential returns in an effort to beat rock-bottom savings rates.
A recent flurry of headline announcements by fledgling lend-to-save firms, many of which posted year-end results for the first time this month, have revealed a bumper start to the year for the sector as confidence in the industry grows.
Read more: http://www.thisismoney.co.uk/money/investing/article-2602295/Record-growth-lend-save-savers-choose-cut-banks.html#ixzz3AMSyC2Kg
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- April 14, 2014