Leap Increases Rates For Investors To 8% To Meet High Loan Demand
Leap is currently experiencing high demand for its loans from extremely well qualified borrowers.
In order to fulfil that demand, Leap is exceptionally offering an annual rate of 8% for the next £100,000 raised from lenders.
This promotional rate is also available to IFISA investments.
Leap Lending would like to reiterate that its credit underwriting and monitoring of exposure remains its top priority. Moreover, Leap is currently the only peer-to-peer lender requiring open banking as a pre-requisite for approval and funding.
As an investor, your money is not protected by the Financial Services Compensation Scheme (FSCS) and your capital is at risk. Tax treatment depends on individual circumstances and may be subject to change in the future. You can read more about the risks involved here.