Lending Works scoops treble glory at Moneywise Customer Service Awards
In a momentous evening at the 2016 Moneywise Customer Service Awards last night, Lending Works scored big as we saw off a host of revered nominees to win the coveted ‘Best Peer-to-Peer Platform for Savers’ award – a prestigious gong which effectively identifies us as being the best option for P2P investors in the UK over the past year.
However, the recognition didn’t end there, and in the other two categories for which the company was nominated on the night – ‘Most Trusted Personal Loan Provider’ and ‘Most Trusted Peer-to-Peer Platform’ – we were awarded the runner-up acknowledgement of ‘Highly Commended’ in each.
The Moneywise Customer Service Awards are widely considered to be the Oscars within the realm of personal finance, and are generally described as ‘the authoritative stamp of approval by the UK consumer’. Indeed, just under 25,000 readers of the Moneywise publication, along with customers of various financial services platforms, voted across 16 categories and, while 64 businesses were nominated in total, just 27 were shortlisted across more than one category.
Of course, this wasn’t our first appearance at the Awards, having already won the ‘Highly Commended’ prize in the Most Trusted Personal Loan Provider category in 2015. But while matching this achievement again in 2016 was a fine effort in itself, clearly the real cause for celebration has been landing what is unquestionably one of the most significant accolades within the industry.
Our founder and CEO Nick Harding, who was understandably thrilled after Thursday evening’s events, had this to say when reflecting on the occasion:
“This is a remarkable achievement for our company, which is still only just over two-years old. To be nominated in these categories for such esteemed awards is a great honour in itself, but to have won Best Peer-to-Peer Platform for Savers – and indeed receive the Highly Commended credit in the two other categories – is quite extraordinary.
“Our focus has always, and will always, be on genuinely putting the customer first, so to have been given this nod of approval by the UK consumer is hugely rewarding.
“I would like to say a big thank you to all those who voted for us, to our customers, and indeed to our dedicated team whose tireless work has made this great achievement possible. We now look forward to building on this success, and going on to do even better things within the P2P lending sector, and indeed within the wider personal finance industry.”
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When you earn interest from a regular bank savings account, for example, the bank automatically deducts basic rate tax (currently 20%) before paying your interest. With interest earned from peer-to-peer lending, tax is not deducted automatically so lenders will need to declare their income to HMRC.
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