The Anonymous Widower

BigZopa.com

I’m convinced that Zopa is working.  I get a good return and judging by the number of people who apply for loans who have good credit ratings, it provides a service for discriminating people who need to borrow money.  I tend to think that anybody can lend money to those with bad credit ratings.

At present Zopa has a borrowing limit of £15,000, but what if you created BigZopa.com and had a limit of £1,000,000.  You would obviously need a lot more money to be paid in, but it would be an interesting place to put corporate money.

The economies of scale would mean that the system would cost about the same to run as the current system.  But it would obviously cost a lot more for the due diligence.

But BigZopa.com will come.

Incidentally, BigZopa.com is available to register. Try Low Cost Names.

July 21, 2009 - Posted by AnonW | Business, Finance | Banks, Internet, Zopa