Zopa UK

Zopa UK is a peer to peer lending company [ P2P ]. There are others listed at Wikipedia Category: Peer to Peer Lending Companies.  Another is Ratesetter, a greed driven operation. Funding Circle sounds better. If you want your money back sooner for some reason go to http://uk.zopa.com/ZopaWeb/public/lending/rapid-return.html

 

ZOPA - an example for borrowers:-
Nice low rates and no sneaky fees

Borrow £5000 over 36 months at 5.7% fixed

  • Representative APR †

  • 7.6%

  • Total amount of credit †

  • £5,130.00

  • Total repayable amount †

  • £5,583.94

  • Per month

  • £155.11

Rates taken from our marketplace at 01:10, 2/3/2012. Subsequent rates may vary and will depend on your individual circumstances.
† Includes a borrowing fee of £130.00.

 

http://uk.zopa.com/ZopaWeb/public/lending/rapid-return.html

Here are the details for Funding Circle (under Easy access to your money)
https://www.fundingcircle.com/investors/better-for-investors

 


Zopa Doing Well By Challenging Banks [ 10 January 2015 ]
Actually it sounds a bit dodgy; borrowing money to hire new offices & staff might work but..........