RateSetter is an Australian online peer-to-peer (P2P) lender. RateSetter is owned by the UK-based RateSetter group, which opened the Australian branch in November 2014. It is managed and majority-owned locally, and was the first ASIC licenced provider of P2P lending to retail investors and SMSFs.
RateSetter is different to traditional lenders in that it is a P2P online marketplace for personal loans. P2P lending is when individuals or businesses apply, and sometimes bid, for a business loan or personal loan that is provided by investors and facilitated by a third party.
RateSetter does not have any physical branches as it is an online lending platform, but you can contact them through their call centre or via email.