Actual lifetime bad debt rate on Funding Circle P2P platform in the UK 2010-2015

Published by Statista Research Department, Nov 3, 2015
This statistic shows the total bad debt over the lifetime of the loans, which is defined as a percentage of amount lent in a calendar year, not annualised, on the Funding Circle platform in the United Kingdom (UK) from 2010 to 2015. The actual lifetime bad debt rate peaked in 2011 at 5.3%.

Total bad debt over loans lifetime on Funding Circle peer-to-peer lending platform in the United Kingdom (UK) from 2010 to 2015

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Sources

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Release date

November 2015

Region

United Kingdom

Survey time period

2010 to 2015

Supplementary notes

The source specified: "Data is correct as of 30 October 2015."
The source also adds the following information: "Total bad debt over the lifetime of the loans​, as a percentage of amount lent in a calendar year. Please note this is not an annualised number."

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