From: John Boyle
Newsgroups: uk.finance
Subject: Re: zopa.com ? Anyone know of this?
Date: Mon, 7 May 2007 12:11:03 +0100
In message , lon
writes
>I saw on BBC News 24's Click about zopa.com, it is the marketplace for
>Social Lending. People lend and borrow money with each other, sidestepping
>the banks.
>
>Has anyone else come accros this sort of thing?
>
>Pros/Cons?
Yes. I am a lender there. Its been going a couple of years. I think it
is still a bit of a novelty and I have not been lending long enough to
express a view as to risk/reward. Judging from some of the contributions
to its forum I am not sure all of its lenders actually understand what
is happening!
--
John Boyle
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