For the regular reads this may be a bit of a rehash (Fed Cuts Rate 75 Basis Points — I bought a Zopa US CD at 5.1%), but the fed cut rates again today… If you have been considering buying a CD now is the time a Zopa is the place. They are currently offering a 3.75% APY.
Buy buying your CD with this link you will be helping to reduce the interest rate of my Zopa loan. Zopa took best in show honors at finovate based on a presentation where the CEO Doug Dolton had everyone thinking it was possible to get a negative interest rate loan. I am not disputing that it is possible, in fact I hope it happens to me.
To that end, here is my standing offer… If you are a blogger/website owner/operator and buy a Zopa CD that helps my loan I will give you a permanent link in this post. If you help my loan by $1/month or more I will give a link in this post and my blogroll. (Huge discount against my ratecard.)
So how about it? Get a a great rate on a CD, help a blogger with his loan, and get a link(s) in return.
Regardless, more on Zopa at finovate tomorrow.
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4 comments ↓
interesting concept.
although i’ll probably stick to foreign currency etfs like FXA that yield 5%. In a year, AUD will probably have achieved parity with USD for another 5% on top of that 5%.
Does this offer extend to me?
This offer extends to any and all bloggers and website owners and operators.
[...] says that with the Fed dropping interest rates, buy a Zopa CD. It seems like you might even be able pay your loan back at negative percent if you can convince [...]
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