What is giffgaff gameplan?giffgaff gameplan is the exciting next step for us building on the successful relationship we have with our buddy RateSetter. We’ve increased our joined forces to give our members the opportunity to apply for a personal loan.
The chaps at RateSetter specialise in peer-to-peer (P2P) lending. What’s P2P lending, you may ask. Well, it's the act of an individual lending money to someone else (aka a ‘peer’) without going through a traditional bank or building society. Basically it means that folks with some spare cash lend it to people who want to borrow money.
Why is giffgaff going into money?You may indeed be asking yourself why a phone company wants to offer access to loans. Well, we want to take the successful model of how we do things in the phone industry to a new area – personal finance.
We’re not ones to sit back and accept the status quo and for too long the big banks have been the ones calling the shots. So we’re taking the giffgaff gusto into finance to put you in control of your borrowing, like how our phone members are in control of their phone spending.
We believe that our members should have the opportunity to borrow loans in a clear, fair and transparent way, which is why we've created giffgaff gameplan. Adios hassle and fat fees.
What's in it for RateSetter?RateSetter, like giffgaff, believe in a fairer way of doing things and have worked their socks off to help revolutionise personal finance. Since their launch in 2010, they’ve become the UK's biggest P2P lending platform and really know their stuff.
Our experience of working with RateSetter so far has been an awesome one. The popularity of their phone repayment plans since we started selling phones has shown that a lot of our members borrow money to help them manage bigger purchases.
We believe that, by working with RateSetter to promote a fairer, more transparent way of borrowing, we can help grow P2P lending. Learn more about RateSetter
Learn more about:
Applying for a loan
Managing your loan
Dealing with debt