Received directly from Zopa via email:
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Well, we told you we were coming! At this very minute, we are testing the service and expect to bring it to everybody within a few days. More below! In this U.S. update: |
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We could use some borrowers to pound on the site, take out loans, and make sure all our bells and whistles are…ringing and whistling. If you were thinking of borrowing on Zopa, have good credit (FICO 640+), and are a U.S. resident 18 or over, drop us a line: |
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1 comment so far ↓
I got the Zopa email, but I didn’t quite catch their setup. They are doing 5 year loans between 8-16% for borrowers but offering 1 yr CDs to lenders that pay around 5%. That’s a big cut for Zopa and credit union partners, and not much to entice lenders to stash their money there instead of elsewhere.
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