Today I received an email from Arkadiusz Hadjuk of Fairrates.dk informing me, that his company started to offer p2p lending in Denmark. Most of the following information was supplied by him.
At Fairrates.dk:
- There are individual listings, both lending and borrowing
- There are no groups
- There is auction bidding down interest rates, both lending and borrowing
- In case of non-payment (for over 1 month) a lender is assisted with
a collection procedure - Minimum loan is 1000 DKK (approx. 135 Euro; approx $100)
- There is no maximum a lender can lend
- Maximum per loan is 50.000 DKK (approx. 6700 Euro; approx. $5100)
- Borrower can request minimum 1000 DKK
- Borrower can request maximum 50000 DKK until his income information
is verified – then the limit is lifted up - Minimum bid is 1000 DKK
- Only people over 18 years old with Danish CPR number and Danish bank
account can lend/borrow - No interest on unlend deposits
- Simple fee structure (borrower pays 1% of loan amount)
- Risk assessment is based on information and documentation provided
by borrowers.
I did technorati and Google searches for additional information. Since I don't speak Danish I could not find much additional information, only a profile of Arkadiusz Hadjuk and a CV of Robert Pawel Bialek (CEO).
Judging by forum activity at Fairrates.dk there is not much traffic yet.