1. RateSetter is Australia's only licensed peer-to-peer lending platform that allows retail investors to lend money. It has been operating in the UK since 2009 and launched in Australia in 2014. 2. Peer-to-peer lending involves individuals lending money to other individuals through an online platform, bypassing banks. Borrowers can obtain lower interest rate loans while investors earn interest. 3. Borrowers using RateSetter can obtain personal loans between $2,001-$35,000 for terms of 6 months to 5 years, with interest rates generally being among the lowest in the market and no early repayment fees or monthly fees. Loans are subject to an upfront fee and a risk

1. RateSetter
Webinar
Introduction to RateSetter

2. RateSetter
Andrew Jones
Head of Business Development
andrew.jones@ratesetter.com.au
Ben Milsom
Head of Marketing
ben.milsom@ratesetter.com.au
Presenters

3. RateSetter Agenda
3
Who is RateSetter?1
2
3
What is peer-to-peer lending?
Borrowing with RateSetter
PL Broker Partnership4
Q&A5

4. RateSetter
4
Who is RateSetter?1

5. RateSetter
RateSetter
§ Largest peer-to-peer lender in the United Kingdom and Europe
§ Over AU$1 billion in cumulative loan volumes
§ In operation since 2009
§ Thanks to Provision Fund protection every lender has received every
penny of principal and interest due
RateSetter Australia
§ The only peer-to-peer lender in Australia licensed to accept investment
funds from retail investors
§ Majority Australian owned
§ Fully independent of the banks
§ Launched to the public in November 2014
Who is RateSetter?
5

6. RateSetter
6
What is peer-to-peer lending?2

7. RateSetter
7

8. RateSetter

9. RateSetter
9
Borrowing with RateSetter3

10. RateSetter
§ Personal loans - $2,001 - $35,000
§ 6 months to 5 years
§ Prime borrowers
§ Fast approvals – generally within 24 hours
§ Interest rates – amongst the lowest in the market
§ Fees
§ $595-695 upfront (inclusive of application fee and brokerage)
§ Risk assurance charge – varies from 1-5% of principal depending on
creditworthiness
§ NO early repayment fees
§ NO monthly fees
Borrowing with RateSetter
10

11. RateSetter Interest rates
11

12. RateSetter
• Rates are different for different
terms
• Rates for loans up to 2 years can
be very attractive
• No early repayment fees
Interest rates
12
0
10
20
30
40
3%
4.00%
5.00%
6.00%
7.00%
8.00%
2
year
loan
rates
0
10
20
30
6.5%
7.0%
7.5%
8.0%
8.5%
9.0%
9.5%
3
year
loan
rates
0
10
20
30
40
9.5%
10.0%
10.5%
11.0%
11.5%
5
year
rates

13. RateSetter Credit policy
13
Loan
criteria
Minimum
Typical
Veda
bureau
score
>
600
≥
750
Arrears
History
(Five
Years)
No
credit
defaults,
bankruptcies,
court
judgments
No
defaults,
bankruptcies,
court
judgments
Age
of
credit
file
≥
6
months
≥
24
months
Housing
status
N/A
Homeowner
(with
or
without
mortgage)
Gross
Annual
Personal
Income
(excluding
super)
≥
~$30,000
≥
~$60,000
Time
at
Address
N/A
2+
Years
Time
in
Current
Job
3
months
2+
Years
Work
Status
Full
[me
work,
either
employed,
contrac[ng
or
as
sole
trader/self-­‐employed
Employed
(full
[me)
Age
24
years
≤
Age
≤
70
years
Age
≥
35
Previous
RateSe`er
applica[ons
Not
declined
in
past
12
months
Never
declined
Visa
status
Australian
ci[zen
or
permanent
resident
visa
holder;
New
Zealand
ci[zen
Australian
ci[zen
or
permanent
resident

14. RateSetter
14
PL Broker partnership4

15. RateSetter
§ Customer’s details submitted via PL Broker’s EasyLodge system
§ PL Broker will submit appropriate personal loans to RateSetter and
complete privacy and compliance paperwork
§ RateSetter and PL Broker will work together to ensure customer gets
excellent service
§ Loans approved within 24 hours if all documentation provided by client
§ Access to bank account statements
§ Identification
§ Customers will be called by RateSetter’s underwriting team at least
once
§ Customers sent link to RateSetter website to confirm loan details &
electronically ‘sign’ loan agreement
§ Loans can be funded within 24 hours from approval (same day for a
small fee)
PL Broker Partnership
15

16. RateSetter
16
Questions5