Zopa reintroduce 2 and 4 year loans
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 loans as "shorter" and the 4 and 5 year loans as "longer" so that lenders don't have any additional rates to change.
These additions will be reflected in the P2P Money comparisons as soon as Zopa update their data feeds.
Zopa are also offering 1% cashback to new and existing lenders so act fast !