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Reply to: Zopa

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Previously on "Zopa"

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  • TestMangler
    replied
    Originally posted by TestMangler View Post
    Just think, this time next YEAR you could have £40 in your pocket to spend on any old thing ya like
    FTFM !!

    Leave a comment:


  • Cliphead
    replied
    Originally posted by suityou01 View Post
    Big trees from small acorns. MF has very small acorns his wife tells me.
    I wouldn't knock the home PC fix thing. A few years ago when I was on the bench I advertised such a service and was pulling in £300-400 per week, small beer but kept the war chest intact and I made some good small business contacts which led to better paid work.

    Leave a comment:


  • suityou01
    replied
    Originally posted by TestMangler View Post
    Just think, this time next month you could have £40 in your pocket to spend on any old thing ya like
    Big trees from small acorns. MF has very small acorns his wife tells me.

    Leave a comment:


  • TestMangler
    replied
    Originally posted by MarillionFan View Post
    So I believe 8% minus bad debt of 1.5-2% depending on how it falls.

    I have heard of someone who reckoned they had £200k in Zopa and was returning 8% with no bad debt, but frankly I think that's a Jimmy Hill recon type story, so I'd thought I'd try it myself considering I've had a Zopa account since 2005 but never actually bothered to use it.

    Going to start with £500.
    Just think, this time next month you could have £40 in your pocket to spend on any old thing ya like

    Leave a comment:


  • MarillionFan
    replied
    Originally posted by wim121 View Post
    No, but let us know how it works out .....

    I believe it is something like 8% average after peeps who default? Not a bad rate!



    One way to really make money is through legalised theft. Set up the next wonga (4214%), lending stream (3712% or around there) or quickquid (1718% or so) ....
    So I believe 8% minus bad debt of 1.5-2% depending on how it falls.

    I have heard of someone who reckoned they had £200k in Zopa and was returning 8% with no bad debt, but frankly I think that's a Jimmy Hill recon type story, so I'd thought I'd try it myself considering I've had a Zopa account since 2005 but never actually bothered to use it.

    Going to start with £500.

    Leave a comment:


  • wim121
    replied
    No, but let us know how it works out .....

    I believe it is something like 8% average after peeps who default? Not a bad rate!



    One way to really make money is through legalised theft. Set up the next wonga (4214%), lending stream (3712% or around there) or quickquid (1718% or so) ....

    Leave a comment:


  • eek
    replied
    Originally posted by MarillionFan View Post
    Anyone use Zopa? I've just finished going through my credit check, got my direct debit sorted and I am about to transfer some funds?

    Any CUK poster have any experience of this and willing to lend a helping hand?

    I believe DimPrawn has (sorry)

    Leave a comment:


  • MarillionFan
    started a topic Zopa

    Zopa

    Anyone use Zopa? I've just finished going through my credit check, got my direct debit sorted and I am about to transfer some funds?

    Any CUK poster have any experience of this and willing to lend a helping hand?

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