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Zopa in the current climate

13567…16

Comments

  • CoogarUK
    CoogarUK Posts: 64 Forumite
    sabretoothtigger wrote: »
    'FSA said there was nothing to regulate as far as they were concerned.'

    !!!!!!
    You will find a lot of that kind of talk not only from Zopa staff but from the individuals who moderate their forums.

    It might be an idea to ask someone at Zopa why they recently closed down their operations in the USA. I for one would be very interested in their response (my guess is that they will blame the credit crunch).
  • ahai1
    ahai1 Posts: 1,589 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Can I suggest that all disagreements about Zopa forums be left in Zopa.
  • CoogarUK
    CoogarUK Posts: 64 Forumite
    ahai1 wrote: »
    Can I suggest that all disagreements about Zopa forums be left in Zopa.
    Yes. I won't mention the Zopa forums again if no-one else does.

    Neither though will I stop posting here my opinions or any other information about Zopa which I feel may be relevant to these forums.

    Agreed?
  • ahai1
    ahai1 Posts: 1,589 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    You have every right to post here.
  • guli
    guli Posts: 212 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    ahai1 wrote: »
    You have every right to post here.


    Usually, posting is a priviledge, not a right, unless of course you're involved in the cost and running of the forum itself (like Martin Lewis for example) :beer:
  • LucyTheDwarf
    LucyTheDwarf Posts: 880 Forumite
    I have decided to try Zopa again (gave up last time, because I was determined to get a rate better than I could in a bank (6% at the time), and no-one wanted my money)... but I'm chicken, so I've only put £20 in. I'm aiming for 8% now. I don't care if I lose £20, I'm just seeing what happens.
    Target Cash Net Worth: £25K by January 2012
    Progress     May-08     19.0%; May-09 40.0%; May-10 63.0%; May-11 58.4%; Jun-11 58.5%; Jul-11 58.9%; Aug-11 58.7%; Sep-11 59.0%
  • easteregg_2
    easteregg_2 Posts: 114 Forumite
    LucyTheDwarf wrote: »
    I have decided to try Zopa again (gave up last time, because I was determined to get a rate better than I could in a bank (6% at the time), and no-one wanted my money)... but I'm chicken, so I've only put £20 in. I'm aiming for 8% now. I don't care if I lose £20, I'm just seeing what happens.

    Is that 8% before or after bad debt ? If before then you may find it difficult to get it lent out. With over £1,250,000 on offer I think Zopa needs some more borrowers not lenders at the moment !
  • LucyTheDwarf
    LucyTheDwarf Posts: 880 Forumite
    God knows.. i'm too into the baileys right now to care. But I'm in the ZOPA on my offers, with lending speed high, so I'll see more when I'm sober.
    Target Cash Net Worth: £25K by January 2012
    Progress     May-08     19.0%; May-09 40.0%; May-10 63.0%; May-11 58.4%; Jun-11 58.5%; Jul-11 58.9%; Aug-11 58.7%; Sep-11 59.0%
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    easteregg wrote: »
    With over £1,250,000 on offer I think Zopa needs some more borrowers not lenders at the moment !


    Pity Zopa doesnt do mortgages :D
  • CoogarUK
    CoogarUK Posts: 64 Forumite
    guli wrote: »
    Usually, posting is a priviledge, not a right, unless of course you're involved in the cost and running of the forum itself (like Martin Lewis for example) :beer:
    Like a moderator, you mean? :rolleyes:
This discussion has been closed.
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