Has anyone heard of Zopa?

Pages: [1]
Author Topic: Has anyone heard of Zopa?  (Read 3965 times)
ArberPro
Has experience
**

Karma: 12
Posts: 214



View Profile

ArberPro

Has anyone heard of Zopa?
« on: August 10, 2014, 07:14:23 PM »
0

I saw a very interesting site called zopa were you can lend money with interest.Is it only for uk ? Does anyone here use it ?
Logged
dataofsport
Gaining experience
*

Karma: 2
Posts: 26


View Profile

dataofsport

Re: Has anyone heard of Zopa?
« Reply #1 on: January 10, 2015, 01:51:50 PM »
0

 I heard about ZOPA but as a
Zone of Possible Agreement   ;)
Logged
doubledavis
Gaining experience
*

Karma: -20
Posts: 58


View Profile

doubledavis

Re: Has anyone heard of Zopa?
« Reply #2 on: January 10, 2015, 03:39:18 PM »
0

Tried it back in the day but got rejected. Not sure why as my credit is fine. IMO doesn't seem the best use for those who have excess funds and what the money to do some work for them.
Logged
Rudolpho
Has experience
**

Karma: 3
Posts: 110


View Profile

Rudolpho

Re: Has anyone heard of Zopa?
« Reply #3 on: January 10, 2015, 06:35:19 PM »
0

Zopa in Russian means ass and also something like "in deep s*it" and of course "fu*k" - depending on context.
I guess the developers did not know that. Or maybe they did know and they had a good sense of humor
« Last Edit: January 10, 2015, 06:37:12 PM by Rudolpho » Logged
dataofsport
Gaining experience
*

Karma: 2
Posts: 26


View Profile

dataofsport

Re: Has anyone heard of Zopa?
« Reply #4 on: January 11, 2015, 09:37:37 AM »
0

Explored the site and figures are impressive.
Just some of:
Quote
Zopa has lent over £713 million to UK consumers
Over the last year we lent over £250 million

Btw, although it might be that founders wanted to shake potential Russian market  :D but I believe that the service name was made in the spirit of Zopa as Zone of Possible Agreement since its very common methodology when it comes to a pre-preparation of negotiating, together with Batna (Best alternative to a negotiated agreement).
Logged
qbet
To become a Pro
***

Karma: 38
Posts: 362


View Profile

qbet

Re: Has anyone heard of Zopa?
« Reply #5 on: January 11, 2015, 01:09:16 PM »
0

The rate of return seems good for 3+ years loans but there is some risk involved. I wouldn't do it.  I probably wouldn't want to keep money on a fixed term deposit with a bank either these days.
Logged
Pages: [1]
Print