ChatGPT vs easyMoney – mythbusting continued
This is a financial promotion and is intended to provide information, not investment advice.
QUESTION - What kind of returns can I expect with easyMoney?
ChatGPT says…
“easyMoney offers target interest rates ranging from around 5 per cent to 10 per cent per year, depending on the account tier and investment amount. These returns are paid monthly and can either be withdrawn or reinvested. The platform’s tiered structure means that larger investments typically access higher target rates.”
We say…
Almost correct. At present, easyMoney is targeting returns from 5.4 per cent to 10 per cent per annum. These interest payments are subject to terms and conditions, and vary depending on the type of account chosen and the amount of money invested. All interest payments are made monthly. It is important to note that these returns are not guaranteed, and all P2P investments come with a risk of capital loss. However, thanks to our stringent due diligence processes we have been able to maintain a track record of zero capital losses to date *.
QUESTION - How does easyMoney offer up to 10 per cent returns?
ChatGPT says…
“Returns come from interest paid by borrowers - usually experienced property professionals - who take out loans secured against UK real estate. Since these borrowers often need short-term funding for property development or bridging loans, they’re willing to pay relatively high interest rates for speed, flexibility, and access to capital. easyMoney passes a portion of this interest on to investors, after fees.”
We say…
Correct! We choose our borrowers very carefully and often work with the same property developers again and again. All new loans are subject to a detailed due diligence process, and we track all of our projects closely to ensure that everything is going according to plan. This has helped us to maintain our zero-capital loss rate to date *.
Our 10 per cent target rates are available to our professional investors. The higher rate reflects the level of risk and we are careful to explain that these returns are not guaranteed. While we are aware that other P2P lending platforms are advertising rates higher than 10 per cent, we believe that it is not in the best interests of our borrowers or our investors to charge exorbitant borrowing rates, as this may impact a borrowers’ ability to make repayments. Instead, we choose to focus on the quality of our loans, while continuing to target competitive returns for all of our investors.
QUESTION - Are the returns guaranteed?
ChatGPT says…
“No - returns are not guaranteed. While easyMoney only lends against asset-backed property deals and targets a conservative loan-to-value (LTV) ratio, your capital is at risk. If a borrower defaults or the security cannot fully cover the loan, investors could lose some or all of their investment. That said, easyMoney has historically reported no investor capital losses to date and a strong record of loan repayments and recoveries.”
We say…
Correct. Every investment comes with an element of risk, and we are careful to ensure that our investors are aware of this, while working to minimise these risks in every possible way.
QUESTION - What’s the difference between the easyMoney account tiers?
ChatGPT says…
“easyMoney has several account tiers based on how much an investor chooses to invest:
• Classic Account – typically for investments starting from £100.
• Premium, Premium Plus, and High Net-Worth Tiers – offer access to higher interest rates, early access to loans, or priority on loan allocations for larger deposits (e.g., £20,000+, £100,000+, or more).
• All tiers are IFISA-eligible, and interest is paid monthly across the board.
The higher the tier, the higher the target return and usually the broader the range of loans offered.”
We say…
This is not true. While we do offer four accounts, we do not offer a Classic Account.
Our accounts are Premium, Premium Plus, High Net-Worth and Professional. Our Premium Account is accessible with a minimum investment of £100, while Premium Plus has a £20,000 entry point, and High Net-Worth has a minimum of £100,000. Our Professional Account has a minimum investment threshold of £1m.
Furthermore, there is no early access to loans on any of these accounts, including the professional investor account. Nor do we offer priority to loan allocations for our higher deposit accounts.
All of our accounts have the option of being held within an Innovative Finance ISA (IFISA) wrapper, although it is worth noting that there is an annual limit of £20,000 on all ISA investments.
Rates do vary across the four different accounts, depending on the size of investment.
Only the Professional Account offers investors the ability to choose their own loans, while the other accounts benefit from the auto diversification process that we run in the background.
All accounts have their interest paid on the 15th of each month.
QUESTION - How much interest has easyMoney paid out so far?
ChatGPT says…
“As of mid-2025, easyMoney has paid out over £54m in interest to investors. This figure is updated monthly and reflects the platform’s consistent lending activity and ability to deliver regular income to its investors. The total continues to grow as the loan book expands.”
We say…
This is partly correct. As of 31 July 2025, we have paid out £55.8m to our investors, and we are on track to have paid more than £60m in interest by the end of 2025. As the loan book grows, the amount of interest paid monthly will also grow, but the figure will also grow even if the loan book stays still, as we are continually making payments from existing loans.
QUESTION - Is my money safe with easyMoney?
ChatGPT says…
“Investing with easyMoney carries risk, as with all investments. However, easyMoney reduces this risk by lending only to professional borrowers and ensuring that all loans are secured against UK property. If a borrower fails to repay, easyMoney can enforce its legal charge on the property to recover funds. That said, capital is not guaranteed, and there is a risk of loss or delay in repayment.”
We say…
This is true. All investments come with a certain element of risk, and the key risk in P2P investing is that the borrower will default and the loan will not be repaid. At easyMoney, our job is to minimise this particular risk as much as possible by only working with the most creditworthy and reliable borrowers, and by actively managing their loans on a monthly basis. We also take property as collateral on every loan to further protect our investors’ capital.
QUESTION - What happens if a borrower doesn’t repay the loan?
ChatGPT says…
“If a borrower defaults, easyMoney follows a formal recovery process, which includes enforcing the security (i.e. taking possession of the property used as collateral). The platform works with legal and insolvency professionals to recover investor funds. The recovery process can take time, and although easyMoney has historically maintained a zero capital loss track record, there’s always a risk that recovery may not fully cover the original loan amount.”
We say…
This is true. We take security on every loan in the form of property, so in a worst case scenario we will be able to sell the property to recoup investor capital. However, we will do everything in our power to avoid this eventuality, prioritising active due diligence at every stage of the loan, and working with the borrower to ensure that they are able to keep up with their scheduled repayments.
QUESTION - Is easyMoney covered by the FSCS?
ChatGPT says…
“No - investments with easyMoney are not protected by the Financial Services Compensation Scheme (FSCS). The FSCS protects deposits in regulated banks and building societies, but not peer-to-peer investments. However, easyMoney is FCA-authorised, and investor protection is provided instead through loan security and due diligence processes, not a compensation scheme.”
We say…
Correct. FSCS protection does not apply to P2P lending platforms like ourselves, and this should be factored in to any investors’ decision making process. With P2P lending and other alternative investments, there is always a risk that you could lose some or even all of your initial investment. However, easyMoney works to minimise this risk by prioritising strong due diligence and only working with reliable, creditworthy borrowers, while also taking collateral in the form of property on every loan. This collateral means that in the event of a default, we can sell the property to recoup investor capital. To date, we have seen zero investor losses *.
QUESTION - What security is in place for my investment?
ChatGPT says…
“All loans on the easyMoney platform are secured against UK property, typically through a first legal charge, similar to how a mortgage lender holds rights over a home. In the event of non-payment, easyMoney can take legal action to recover the debt by selling the property. Loans are also assessed for loan-to-value (LTV) ratios, and borrowers must provide a clear exit strategy before approval.”
We say…
True! Every loan is secured against UK property, at relatively low LTVs. As of July 2025, the average LTV for an easyMoney bridge loan was 54.6 per cent. For a property development loan, the average loan to gross development value (LTGDV) was 58.4 per cent. At a 58.4 per cent LTGDV, the property’s value would need to drop by more than 41 per cent before we risk making a loss for our investors.
QUESTION - Has anyone lost money investing with easyMoney?
ChatGPT says…
“As of 2025, no investor capital losses have been reported by easyMoney. However, this does not mean losses are impossible. Peer-to-peer lending is an investment, not a savings product, and past performance is not a reliable guide to future results. Investors should be aware that capital is at risk, and returns are not guaranteed - even though the platform’s historical track record is strong.”
We say…
Correct! It is extremely important to note that past performance does not guarantee future success, and it is kind of ChatGPT to acknowledge our strong track record. As of August 2025, no investor had lost a penny of their capital by investing it on the easyMoney platform.
Capital is at risk. Past performance is no guarantee for future results.
Tax treatment depends on the individual circumstances of each investor and may be subject to change in the future.