Vincent Tie

Posted by Vincent Tie on 03 Oct 2022

Increase of 1-Month P2P Loan Fee

Starting 1 November 2022, the 1-month loan fee for borrowers and lenders will be increased to 1 percent per annum (each party) instead of the current 0.5 percent. This fee is only charged when a loan is successfully matched.

Loan fees for the 6, 12 and 24 month loans remain unchanged.

Our Secured P2P Loan platform allows S.T.A.R. Storage customers to collateralize their stored bullion for loans. It is a great way to unlock liquidity from precious metals at low interest rates.

You can also lend cash for an interest return with your S.T.A.R. Storage account. Storing bullion is not a pre-requisite to lend on the platform.

Interest rates are decided by borrowers and lenders themselves. You can view the latest borrowing requests and lending offers here.