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.
- 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
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.