Don’t invest unless you’re prepared to lose money. This is a high risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 mins to learn more.
Crowdstacker are required to verify your identity to prevent Money Laundering. In almost all cases verification can be done electronically. In certain circumstances, we will require a proof of address, proof of identity and bank statement to verify your identity, address and your bank account. You can securely upload scans of these documents at www.crowdstacker.com/account/private-uploads
We have been in discussions with HMRC since the launch of the Innovative Finance ISA to work out a method of transferring your Peer to Peer investment to your Innovative Finance ISA. Although it is allowed, the solution is not easy for an investor.
We would require you to fund your Innovative Finance ISA with an amount totaling the Investment Amount of the Peer to Peer investment you want to transfer.
For more information, please contact us at 020 7118 7570.
You can view your annual statements (and recent transactions) by going online to ‘My Crowdstacker’ and clicking on ’My statements'. Recent transactions are also accessible from your "My Accounts" page.
At Crowdstacker we do not charge fees to investors wherever possible. There are no fees to open a P2P Lending Account or an Innovative Finance ISA Account and we do not charge any fees for investing in our Peer to Peer loans, Bonds or Loan Notesinvestments, so every penny you invest earns interest. Here is a breakdown of our fees:
Innovative Finance ISA fees:
From 6th April 2016, you can earn up to £1,000 of interest, dependent on your tax status, across Crowdstacker investments and other savings as part of your Personal Savings Allowance.
Yes, Crowdstacker operates a match bargaining system which allows lenders to transfer their investments to other lenders on the platform, or into their SIPP or ISA accounts.
If you would like to transfer your investment, please email us at info@crowdstacker.com or give us a call on 0207 118 7570 and let us know.
There is no fee to transfer your investment.
While the facilitation of interest payments and investment repayments is managed through the Crowdstacker platform, it is not responsible for providing the funds to make these payments. The borrower is solely responsible for providing the funds to make such payments.
If a loan campaign raises more than its target, the Borrower may decide to increase its borrowing threshold, or return the money to some lenders. Crowdstacker imposes a maximum loan target in order to prevent the borrower from borrowing more than it can afford.
If the Borrower does not reach the minimum target amount, all the funds being held by Crowdstacker will be returned to the Lenders.
The Borrower may repay an investment early but it has to repay the entire investment amount to all lenders. Where this happens, the Borrower may be subject to paying an Early Repayment Charge to the Lenders.