Archives for: May 2012

Zopa borrower fee structure

May 30th, 2012
Zopa
With the recent reintroduction of the 24 and 48 month loans on Zopa, P2P Money is now able to publish the latest borrower fee structure. As you can see the fees for A* and A market loans vary as a function of loan amount, with a loan of £5000 or £750… more »

Government to give £100million to alternative lenders

May 30th, 2012
Funding Circle
The BBC is reporting that the government is planning £100million in funding for alternative lenders, including peer-to-peer lenders.  Funding Circle is named as applying for £30million which would be funding 25% to 33% of all loans. more »

Cookie privacy policy

May 25th, 2012
Today is the last day for UK businesses to update their website for a new law governing the use of cookies. First of all what are cookies ?  These are small text files containing a small piece of data.  This may be a real piece of information such as n… more »

Zopa reintroduce 2 and 4 year loans

May 23rd, 2012
Zopa
Zopa have now reintroduced 2 and 4 year loans after an absence of several years, as we announced previously.  Zopa will now be offering loans over 2, 3, 4 and 5 years.  Zopa have addressed the "complexity" issue for lenders by grouping the 2 and 3 year… more »

Zopa also offer 1% cashback

May 22nd, 2012
Zopa
Zopa have joined Funding Circle and YES-secure in offering 1% cashback.  To participate you need to add and lend out £2000 or more by 15th June.  Here is what they said in their email. You can receive 1% cashback from Zopa between 21st May and 15th J… more »