Lending Money Via Zopa

bristolleedsfan

Wondered if anybody who has done this can share their actual return experiences. :think:

http://uk.zopa.com/ZopaWeb/public/help/help-faqs-lending.html#who

Jonbvn

Hi,

I have been lending on ZOPA since the middle of last year. Overall, my return is just above 9% so far (before tax).

I am fortunate in that I have had no bad debts so far. ZOPA's lending criteria seem to be quite strict such that bad debt rates are very low.

The whole borrowing and lending system is presently in a state of flux, due to a change in borrower charges, and shortly the removal of the 12, 24 & 48 month markets. This means that recently, the number of completed loans has dropped significantly.

Lokolo

BLF - where do you get all this money from? I worry that you're a mastermind criminal stealing loads of money :rolleyes:

Paul_Herring

Been with them about a 1½ years, averaging 7.09% (gross) since I joined according to my last mail from them.

I'm withdrawing my money at the moment though.

bristolleedsfan

Lokolo wrote: »

BLF - where do you get all this money from? I worry that you're a mastermind criminal stealing loads of money :rolleyes:

" You can lend in chunks as little as £10 " :rolleyes2

Lokolo

Petty theft then :-P You have just filled up your 08/09 ISA and looking to save more, Mr Saver of the year it seems!

bristolleedsfan

Lokolo wrote: »

Petty theft then :-P You have just filled up your 08/09 ISA and looking to save more, Mr Saver of the year it seems!

Im a poor chap compared with many that post in this sub forum.

Now Mr Lokolo if u could get your cashback kings cashback up to 5.00 by doing some surveys or registrations it would make me. :j