The Latest Numbers out of Zopa
Tuesday, May 22, 2007
According to Easier Finance
Source: PaymentsNews
- Zopa has 135,000 members
- Zopa lenders have received on average 6.75% before-tax annual return after fees and defaults
- Zopa borrowers have obtained loans at rates as low as 4.2% APR
- The current default rate is only 20 basis points, 0.2%
Zopa continues to create a huge buzz in the UK. Zopa.com links to 42 articles from a diverse range of publications, most recently The Sunday Times and The Daily Mirror.
Posted byAdmin at 9:21 PM 2 comments
Google entering Social lending Market? [Unconfirmed]
Monday, May 21, 2007
"Several people at Google confirmed a rumor that by June 1st, 2007 the company will launch a social lending service that will allow members of social networks (myspace, linkedin, etc.) to lend and borrow. This step by Google would make Virgin acquisition unlikely to succeed."
Source: http://www.geeklike.com/google-after-virgin-will-enter-p2p-lending-space/
Source: http://unrumor.com/stories/view/Google-After-Virgin-Will-Enter-P2P-Lending-Space
Posted byAdmin at 9:20 PM 0 comments