P2P lender joins aggregator panel

P2P lender joins aggregator panel

An aggregator has added a peer-to-peer (P2P) lender to its panel, reflecting the increasing demand for lending alternatives.

The partnership will make RateSetter’s unsecured personal loan product available to Choice Aggregation Service’s network of over 1,600 brokers, in line with the trend towards servicing a more diverse array of client needs.

Stephen Moore, CEO of Choice said, “We believe the future for broking includes managing the broader finance needs of customers. This includes deepening existing relationships and helping to attract a broader range of new customers.

“I am delighted to partner with RateSetter. Their innovative model and competitive rates for personal loans aligns with our strategy to deliver a strong panel of lenders who can meet the diverse needs of brokers and their customers.”

Over the last 12 months, RateSetter has joined the panel of more than ten aggregators, with plans to raise that number yet further.

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Source: P2P lender joins aggregator panel