How does a change in the headline rate affect my investment?

The headline rate shown on our website is the average interest rate of all the loans currently open for investment. 

The rate you earn, on the other hand, is tied to the individual loans in your portfolio and so isn't affected by any change to the headline rate, only to your loans.
The exception is on any new investments – including interest payments. The rate they earn will depend on the particular loans they're allocated to at the time, which may well be different. This could therefore change the overall rate you earn.
Likewise, when a loan 'matures' (comes to the end of its term), the money allocated to it will then get automatically invested into new loans – again, with their own rates.

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