Topic: Peer-to-peer lending

Is a loan by a peer to peer lender subject to the responsible lending obligations in the Credit Contracts and Consumer Finance Act 2003?

Geoff invested money with a peer-to-peer lender. After reviewing his investments performance, Geoff is confused the actual rate of return on his investment is not what he had calculated it would be. Geoff is concerned that there may be something going on. What can Geoff do?

Geoff invested money with a peer-to-peer lender. After reviewing his investments performance, Geoff is confused the actual rate of return on his investment is not what he had calculated it would be. Geoff is concerned that there may be something going on. What can Geoff do?

Natalie invested with a peer-to-peer lender. The peer-to-peer lender later told Natalie that some of the loans she had invested in had been written off as bad debts. Natalie wanted to know what debt recovery process the peer-to-peer lender had followed to recover her loss. What rights does Natalie have?