The Anonymous Widower

Is Now the Time to Get a Zopa Loan?

One of the advantages of a Zopa is that you get the loan at a fixed-rate for three or five years.  With interest rates, likely to rise in the next few months according to many, such as the Telegraph, if you have a good credit rating, could Zopa be the place to get a loan now?

After all, the great advantage is that if you cash a Zopa loan in, you don’t pay any penalties. And you can even change the repayment day, if your salary date should change say.

February 17, 2011 - Posted by AnonW | Finance | Banks, Zopa