As a platform, we take great pride in all that we've achieved since opening our doors for business nearly six years ago. We’ve
We're 'highly commended' as Most Trusted Personal Loan Provider!
On Thursday 11 June, the Moneywise Customer Service Awards for 2015 took place in London, and Lending Works were extremely honoured to be given the ‘Highly Commended’ award in the category for Most Trusted Personal Loan Provider.
The Awards are described as “the authoritative stamp of approval by the UK consumer”, and recognise financial service firms who have provided unstinting service of the highest quality to their customers. With the FinTech environment having begun to thrive in recent years, the Awards have also expanded to include internet-based financial platforms such as ours.
Having been in operation for just under 18 months, simply being nominated in such an esteemed category was an achievement of which we were immensely proud. However, the scoring had us neck and neck with the eventual winners, with our total of 4.86 stars leaving us just 0.02 shy of victory.
Nevertheless, it was a feather in our cap, and served as pleasing recognition for us given that we have always prioritised service delivery and treatment of our customers above all else. Our gratitude extends not only to Moneywise, but also to you, our borrowers and lenders, who took it upon yourselves to vote for us.
Our founder and CEO Nick was understandably delighted with the achievement, and had this to say afterwards:
“Considering that in 2014 our business was too young to satisfy the nomination criteria, it is truly fantastic, flattering and rewarding to be named runner-up in this year’s Awards.
“When we founded Lending Works, we promised to always put customers first and have focused on creating a reliable, flexible and innovative platform that customers love to use, keep using and tell their friends about. Coming second in this category shows that the hard work is paying off.
“It is equally great to see consumer peer-to-peer lending platforms featuring in the upper echelons of the Most Trusted Personal Loan Providers, as it reflects the appetite that more and more people have to make peer-to-peer lending part of their long-term personal finance plans.”
Related articles:
Our website offers information about saving, investing, tax and other financial matters, but not personal advice. If you're not sure whether peer-to-peer lending is right for you, please seek independent financial advice, and if you decide to invest with Lending Works, please read our Key Lender Information PDF first.
As with all investments, your capital is at risk.
Since opening our doors back in 2014, we’ve always prided ourselves on living and breathing two key principles at Lending Works: innovation, and putting the customer first in everything we do.
With the retail sector enduring its fair share of challenges, companies are looking at new ways to attract customers, and drive conversion. In an overcrowded, dog-eat-dog marketplace, with behemoths such as Amazon flexing their muscle, it’s easier said than done.
On 4 June 2019, the Financial Conduct Authority (FCA) released its new regulatory framework for peer-to-peer lending (P2P); a Policy Statement known as PS19/14. As you might imagine, it's a document which, following a three-month consultation, is a hefty read of no fewer than 102 pages.
When it comes to investing, there are numerous questions that need to be asked, and lots of things which need to be properly understood before committing your hard-earned money
Featured
In a difficult climate, customer acquisition and lead generation present stern challenges for UK retailers, and a great deal of marketing spend invariably gets directed towards getting feet through the door.
There is a variety of literature and research illustrating the importance of building brand loyalty, albeit with some degree of variance.
Over the last decade, there can be little dispute that the reputation of mainstream banks – and particularly the so-called ‘Big Four’ (HSBC, Barclays, Lloyds and RBS) – is at its lowest ebb.
The idea of peer-to-peer (P2P) lending is a simple one; you lend money to those who wish to borrow, with a view to receiving a great return for doing so.
The peer-to-peer (P2P) lending industry is now regulated by the Financial Conduct Authority (FCA). The regulatory framework has been designed to protect customers and promote effective competition.
Most popular
Ahead of the IMF’s world economic outlook last month, new managing director Kristalina Georgieva described the global economy as being in a ‘synchronised slowdown’, and the institution has subsequently trimmed growth forecasts for 2020.
The barely-anticipated Autumn Budget, perhaps predictably, fell by the wayside last week, with the country now heading to the polls next month.
- Summary of a post.
Last week we took stock of the labour market, with the latest Office for National Statistics (ONS) data showing that the tide may be beginning to turn on Britain's so-called 'jobs miracle'. Unemployment ticked up to 3.9 per cent for June to August (an increase of 0.1 per cent), with the number of people in work falling by 56,000.
Whenever discussion turns to Britain’s misfiring property market, the words ‘stamp duty’ are seldom far away. Indeed, over the past two decades, it’s been something of a political football – one which has had a profound impact on both housing transactions, and the coffers at the Treasury.
In recent months, it’s been interesting to observe the reception to Greta Thunberg, the 16-year old climate change activist who has been afforded some high-profile forums. The impassioned viewpoints she has shared have earned her legions of fans, albeit no shortage of detractors too. In particular, a speech at the United Nations climate change summit stirred fractious debate.
