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Administrators of collapsed peer-to-peer lenders have clocked up more than £5m in fees so far from the sector’s largest closures but are struggling to recover more than a third of the loanbooks. Analysis by Peer2Peer Finance News has shown that the administration costs for Lendy, FundingSecure, Collateral, MoneyThing and The House Crowd are mounting up, […]
The post P2P administration fees hit £5m first appeared on Peer2Peer Finance News.