Peer 2 Peer Lending Sector | P2P Finance News Interview

Описание: In this video our Chairman, Terry Bell talks about the outlook for defaults in the peer-to-peer lending sector with Marc Shoffman, a journalist for Peer 2 Peer Finance News: https://www.p2pfinancenews.co.uk/2020...

The coronavirus pandemic has raised concerns about a rise in loan arrears and defaults as businesses and consumers struggle to repay their debts due to lost income.

The peer-to-peer lending sector is not immune to these risks and platforms have been putting plans in place to support borrowers, through forbearance or by signposting struggling borrowers to government support. We have been seeing an increasing number of cases even before the coronavirus outbreak hit and our Chairman, Terry Bell explains why the P2P lending sector could be particularly vulnerable.

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