Top Five Reasons to Lend on YES-secure.com

Oct. 11, 2010 - PRLog -- London, UK

YES-secure.com is a social networking lending and borrowing platform which offers UK savers and investors a new way to beat inflation and earn better returns than by investing their savings in traditional investment vehicles. Along with the fact that it’s a simple, quick and user-friendly platform, here are some pertinent reasons why YES-secure.com is turning out to be a lucrative investment destination.

A new asset class: YES-secure is a hot investment proposition as it offers potentially far higher returns than the traditional investment vehicles such as banks with minuscule interest or the stock market. This investment opportunity enables investors to receive returns around 13.6% to 23.8% (average offered interest rates) on loan requests from borrowers between A* to D credit grades respectively. YES-secure.com estimates that the Average Annualised Net Loss Rates for A* to D YES-secure markets are expected to be 2% to 6%. Hence taking into account this Average Annualised Net Loss Rate, a lender who lends to a diversified portfolio of A* to D borrowers, could expect to have NET returns before tax of between 10% to 17%, hence resulting in accomplished returns which are certainly better than those offered by banks.

Wide range of markets (A*- E): Manipulating your investment across various YES-secure markets can get you high, assured and steady returns. YES-secure.com uses an established credit referencing agency, CallCredit, to grade borrowers from A* to E. The wide range of YES-secure markets ranging from A* to E enables lenders a greater opportunity to diversify their portfolio. Lenders can risk assess borrowers, enabling them to increase their return. The D and E markets which can yield higher returns are obviously riskier; however, the amount of risk embedded in a diversified portfolio of YES-secure loans is hardly excessive considering the returns.

Risk diversification: Capping each bid to a fraction of the loan amount and spreading the loan amount across borrowers with different grades diversifies the risk quotient considerably. Each loan offer bid is limited to a maximum of 2% of the loan listing amount to a borrower who is not part of the lender’s YES-secure community connections. However, if lenders are lending to one of their community connections, each loan offer bid can be enhanced to a maximum of 10%. New lenders can get started with YES-secure with as little as £10.

Safe investment zone: As a responsible social lending platform, YES-secure ensure that the people who form part of its lending and borrowing community are not complete strangers but identity-checked and credit-verified individuals. In fact, YES-secure makes Debit card verification an imperative first step before completing the registration process. Along with this, stringent underwriting procedures and assigning markets in keeping with the borrowers' creditworthiness make YES-secure a safe investment destination.

Social networking based lending: YES-secure offers a secure means of social network based lending and borrowing implying lower default rates and higher returns for lenders. YES-secure is a community-driven social lending platform that utilises the community strength of an individual to make their financial transactions more secure, accessible and rewarding for both lenders and borrowers. Members have access to various website features to connect with other YES-secure members as well as invite their family and friends to join YES-secure, thereby enhancing their Reliability Score. They are also encouraged to interact responsibly and meaningfully by providing authentic information in answer to the various queries raised by the lenders and through the Discussion Forum. Lenders can avail this pertinent information to supplement the substantial financial data in a loan listing to form their opinion about potential borrowers. Therefore YES-secure.com is a financial site with a very human and social touch.

More information regarding YES-secure can be found at www.yes-secure.com.

For more information, please contact   
Ms. Mala Chauhan
mala(dot)chauhan(at)yes-secure(dot)com
marketing(at)yes-secure(dot)com
0871 221 9410 extension 5440
YES-secure.com Limited
Checknet House
153 East Barnet Road
Barnet
EN4 8QZ
UK
www.yes-secure.com

* Please note: Calls to 0871 numbers cost 10 pence per minute from a BT landline. Call charges from other networks may vary.

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YES-secure is a P2P social networking lending and borrowing marketplace which provides an online platform for borrowing and lending money and functions on the ebay model.