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 drawdown 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 an 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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