Zopa Abandons Listings
Basically, Zopa had two different forms of lending; markets and listings.
Markets work by lenders getting together to fund loans to borrowers. All is done automatically by the computers and risk assessors in the middle.
Listings are best defined like this.
In a nutshell, they work just like an online auction, except that the ‘price’ comes down instead of going up.
Once a listing becomes 100% funded, you’ll see that the overall interest rate will begin to fall as lenders compete with each other to be included in the loan.
I never used them. And as they weren’t as popular as markets and were quite expensive to administer, Zopa have now dropped them.
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The Anonymous Widower 
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