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Lending through your Ablrate IFISA

Lending through your Ablrate IFISA

Lending through your IFISA is exactly the same process as through your Standard Account.

Funds in your Innovative Finance ISA will only start to generate interest upon draw down of a loan by the borrower unless Instant Returns are enabled on the loan.

Do not forget Ablrate’s Instant Returns are also a tax free gain on funds lent through your IFISA.


PLEASE REMEMBER, REGARDLESS OF THE TAX BENEFITS, CAPITAL IS AT RISK

Whether investments are held within a IFISA or in a general account, they are not covered by the FSCS; the government backed deposit insurance scheme that protects bank deposits including Cash ISAs.

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