We review Quanloop’s loan investments paying interest of up to 10%

Quanloop logo

Quanloop borrows money from investors at the following rates:

  • 6.5% to invest in "low risk" loans with a loan to value (LTV) of up to 55%
  • 9.5% to invest in "medium risk" loans with an LTV of up to 85%
  • 13.9% to invest in "high risk" loans with an LTV of higher than 85% or entirely unsecured

Quanloop is currently running Facebook ads claiming "Quanloop will pay you at a far better rate than any bank has to offer".

Continue reading for a review of Quanloop's loan investments.

Accumulate Capital follows Signature playbook, threatens legal action, claims 8 x 3 is not 24

Accumulate Capital is run by an ex-alumni of Signature Capital, Paul Howells, who formerly described himself as a "Partner" at Signature. Its corporate entity was originally incorporated as EQT Capital Limited by Sarah Schofield, a director of two Signature companies. Signature Capital collapsed into administration in April.

Let's be very clear - the fact that both Accumulate's once and current owner were ex-Signature alumni does not mean that Accumulate is the same company as Signature.

One thing Accumulate and Signature do share however (apart from ex-Signature staff) is a predilection for pointless legal threats, while withholding information from their own lawyers.

Continue reading...

We review Buy to Lease’s unregulated car investment paying 8 – 12% per year

Buy To Lease logo

Rent To Lease Limited, an offshoot of car supplier and credit broker Get Me Car Finance Limited, is offering investment in leased cars to investors paying up to 12% per year as follows:

  • 8%pa for investments of £10k - £15k
  • 9% for investments of £15k - £30k
  • 10% for £30k - £50k
  • 11% for £50k - £100k
  • 12% for investments over £100k

A "special offer" on Buy To Lease's website raises the offered rate of return for investments over £10k to 10% "while the coronavirus lockdown is in force".

Continue reading for a review of Buy to Lease's car investment.