YES-secure.com Announces 2% Cashback Offer for Lenders
YES-secure, a social lending platform, has capped existing lenders' rates to 27.5% in order to provide competitive rates to borrowers.
Online, October 27, 2010 (Newswire.com) - YES-secure.com, the first social lending and borrowing networking website in the UK has announced a new exciting cashback offer for lenders. If lenders transfer £200 or more via their Debit Card into their YES-secure system accounts for the purpose of lending, they will receive 2% cashback into their YES-secure system account, giving lenders an instant gain of 2% on their funds! This offer is currently valid from 26th October 2010 until November 30th 2010. At the end of each day, we will add the 2% cashback to the qualifying lenders accounts for every debit card based transfer of £200 or more!
"With NO defaults and NO payment delinquencies in the last 4 month of lending since launch of YES-secure, lenders are enjoying high returns of up to 25% on their lending. Added to this, they can now get immediate 2% cashback on lending from 26th October!", said Hannah Simkin, Underwriting and Customer Services Manager at YES-secure.com.
This latest exciting offer of instant cashback of 2% comes after previous promotions from YES-secure.com of 'no lender or borrower fees until August 31st 2010' and 'Free Trip to India Competition' which our member 'Lotus' won! This cashback offer enables lenders the perfect opportunity to earn an extra 2% bonus on their social lending.
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. There is a wide range of markets (A*- E) therefore lenders can manipulate their investment across various markets to get high, assured and steady returns. YES-secure.com also cap each bid to a fraction of the loan amount thus spreading lending across a large portfolio of borrowers with different grades, leading to a significant reduction in the lending risk.
Debit card verification upon registration, stringent underwriting procedures and assigning markets in keeping with the borrowers' creditworthiness make YES-secure a safe investment decision.
Terms and Conditions
1) 2% Cashback Offer limited to Debit Card based transfers into lenders system account of between £200 and £5000.
2) Offer valid from 26th October to 30th November 2010
3) Cashback cannot be withdrawn from the System Account and can only be used for lending purposes
4) The funds transferred by debit card qualifying for the Cashback cannot be withdrawn before 31stJanuary 2011
5) The 2% Cashback Offer will be credited normally within 1 working day from date of transfer of the Debit Card transaction
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
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