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.
An update on Investor activity, interest rates, how our borrowers are tracking with the current economy and a general overview of our platform.
It’s day 12 of the Covid-19 lockdown in New Zealand. The world is still feeling uncertain and whilst we don't have a crystal ball, what we can do is give complete transparency about how our P2P platform is doing.
Interest rates are still low and the housing market seems to be thawing out after a slow 2019. That said, the latest uncertainty comes in the form of Coronavirus and what impact it could have on the economy. Here's a roundup of our views.