The Financial Services Compensation Scheme was set up to protect customers of financial services firms that have failed. When your funds are on account and not invested in loans they are kept in a segregated client account with NatWest Bank. Should NatWest fail any funds belonging to you in that account would be protected by the FSCS up to the stated limits. Please review the risks of lending.
Any funds invested in loans are NOT covered by the FSCS
Ablrate is no longer accepting new accounts and has initiated a wind down of its loan book.
My favourite P2P platform
My favourite P2P platform – a very professional operation with good communication and a secondary market which allows discounting.
Micheal – 2020
Clear, informative, transparent, friendly.
Have watched for about a year, started investing 6 months. Good communication, very quick to respond, clear and user friendly site, has a secondary market, also video updates and info.
Mr E – 2020
Good platform
Good Platform, easy to use, no losses in 2-years, and so far very good for selling or changing loans, nice returns ! would say an above average platform for lenders.
Keep up the good work.
Mr M – 2020
£0.5m
Amount of completed loans on the Ablrate platform
£0.9m
Total amount traded on the Ablrate Loan Exchange
£0.6m
Total amount of interest that Borrowers have paid to Lenders so far on Ablrate
0-15%
Average returns on individual loans on the Ablrate platform
How it works
Ablrate has completed over £60 million in loans, paid back more than £30 million in capital and over £10 million in interest to our 7000+ registered customers.. With us, you have full control. You read the due diligence, decide which projects to lend to, when you lend and how much. Our registration process is automated, quick, completely free and you are not obliged to lend.
Register for a standard account
Once you are logged into your standard account, you can open an IFISA
Search for our exclusive loans and make an investment
Join our Loan Exchange. Buy/Sell loans with our community
