Good news for savers

[AtW]

I've lent to loads of people and all have paid the money back, and I mean thousands of people on my loan books.

or



On one hand Zopla might help some borrowers to get loans they would be refused otherwise or get them under lower interest rate (good thing), on another it involves amateur dirty spekulators like yourself get involved making it a very bad combination.

And for this reason I am out.

HTH

[TimberWolf]

Can you tell whether you are buying bad debt? Debt that has been passed through many hands and is unlikely to be paid by the original borrower who has done a runner? Does that debt just get passed to newbie Zoplars, before they offload it to the next newbie?

[Wodewick]

And for this reason I am out.

Correct me if I am wrong but.......... I don't remember you being invited in!

[TimberWolf]

I think inflation is >10%, and for that reason I'm out.

[AtW]

I think inflation is >10%, and for that reason I'm out.

And who invited YOU sir?

[AtW]

Correct me if I am wrong but.......... I don't remember you being invited in!

I've received a personal invitation via PM from DimPrawn to borrow £50 for next 50 years, but declined due to perceived risks associated with his lending activities.

HTH

[AtW]

Oh DimPrawn, forgot to add one more thing that you may have ignored when making a decision to make heavy investments into Zopa...

In Russian Zopa means

[shaunbhoy]

I've lent to loads of people and all have paid the money back, and I mean thousands of people on my loan books.

You go Prawn!!!