Archive for the 'Zopa' Category

Glenn Chapman on P2P lending at Prosper, Virgin, Kiva and Zopa

New here? You may want to subscribe to the RSS feed or browse the site map. Thanks!Glenn Chapman wrote an article about P2P lending which can be found at Yahoo.com News. Included in the article were Prosper.com, Virgin Money, Kiva, and Zopa. Below are a few excerpts from Glenn Chapman’s article […]

Zopa Borrowers Receiving Negative Interest Rates on Loans

I returned to the Zopa lending site today for a second impression after my initial review of Zopa. I noticed something that knocked my socks off about Zopa’s business model of social lending — some borrowers are not paying interest after receiving “help” from lenders. In fact, some borrowers are “paying” negative interest at Zopa! […]

Where Should I Invest My Next $500? You Decide

In honor of Prosper.com’s post mentioning the wisdom of crowds, I have decided to allow the readers of Personal Loan Portfolio to decide where I invest my next $500*. The poll is listed below…

Update: People’s Choice Poll Results and Analysis Posted.
Should I invest my next $500 in P2P loans at Prosper.com, Lending Club, or […]

Zopa Open for P2P Lending in the USA

Zopa, the P2P Lending company from the UK has now opened its virtual doors in the United States. Zopa has been providing a P2P marketplace in Italy and the UK for some time now. The rates that they are offering to borrowers (currently starting at 8.75%) for unsecured loans are quite low […]

Zopa Promises to be Different

I recieved my informational email from Zopa announcing that they are in the testing phase. Zopa is promising to be different than the existing Person to Person lending sites such as Prosper.com and Lending Club in some interesting ways:

No risk for investors.
Your funds will be federally insured. No more worrying about whether your borrowers […]