If you’ve invested through the Squirrel peer-to-peer lending platform, you’ll be aware that on the other side of these investments are loans taken on by other Kiwis, borrowing through Squirrel. When these borrowers apply for a loan, they’re put under the microscope before our credit team push go, but what happens if a loan payment gets missed?
We come bearing good news, investors! As of the 21st March 2022, the rate of return across two of our Investment Classes – Home Loans and Construction Loans – has increased by 0.25%.
In this article I am going to talk about my personal experience using Squirrel’s P2P lending investments as a reasonably secure short-term investment vehicle to grow my family’s first home deposit.
When I’m chatting with new investors, I always make a point of talking through the secondary market. At a high level, it performs incredibly well for investors who are looking to cash out some or all of their investments.
At Squirrel, we're known as one of the largest mortgage brokers in New Zealand. But what you might not know is that we are also a lender, which means we can make a portion of those loans available as investments for retail investors. This gives investors better opportunities for their cash funds.
We haven’t published a case study for a while, so here are two that will provide an overview of the borrowers and loans you’re investing in.
There’s been a lot happening here at the Squirrel garage and lots of movement in the financial world, so here’s an update on quite a few things.
Earlier this year we launched our P2P Home Loans and Business Property Loans that give investors access to residential first mortgage investments with returns of up to 5% p.a. As interest rates have fallen, investors are looking for better returns.
An update on Investor activity, new loans soon to be available for snapping up, how our borrowers are tracking with the current economy plus a handy tip.
An update on Investor activity, interest rates, how our borrowers are tracking with the current economy and a general overview of our platform.
Whether you’re a newbie or seasoned investor, using your investments on our P2P platform is an easy way to generate a regular income for yourself.
One of the common things we’ve heard from our Investors is that they want to keep their money working as hard as possible at all times. One of the features we offer that helps with this is Recurring Investment Orders which is like a 'set and forget' auto-investing function.