Anyone use Zopa?
 

  You don't need to be an 'investor' to invest in Singletrack: 6 days left: 95% of target - Find out more

[Closed] Anyone use Zopa?

4 Posts
3 Users
0 Reactions
53 Views
Posts: 0
Free Member
Topic starter
 

If so, what's been your experience with it? good/bad/indifferent?

Interested to hear your opinions STW massive 🙂


 
Posted : 11/02/2009 9:49 pm
Posts: 13741
Full Member
 

yes
very easy, no problems, like the way you can overpay without a penalty.

B


 
Posted : 11/02/2009 9:58 pm
Posts: 0
Free Member
Topic starter
 

I take it you've used them to borrow? have you tried the lending side of things as well?


 
Posted : 11/02/2009 9:58 pm
Posts: 13741
Full Member
 

nope


 
Posted : 11/02/2009 10:04 pm
Posts: 4675
Full Member
 

Sorry for the slow response, but yes, I'm a (newish) lender on Zopa. So far only commited a few hundred pounds, of which only £90 is actually lent. Best thing to do is have a look at the forum on zopa, and plan how much you want to lend in each of the markets, depending on what level of risk you're happy with. Based on my (limited)experiance, it's best to have lots of small offers at different rates.
It also takes a while to get money lend, after the offer has been made (while the loan is being processed).
I'm going to see how it works out with a small amount before committing more.
Regards,
Richard


 
Posted : 12/02/2009 7:59 pm

6 DAYS LEFT
We are currently at 95% of our target!