Zopa Gets Very Stable
I’ve said before that Zopa could be a classic stable system.
Over the last three weeks, the rates I’m charging to lend out money on Zopa have hardly changed. I set them just under the top limit of the Zone Of Possible Agreement, that gives Zopa its name. The rate for the B, A and A* markets have been 7.6, 6.7 and 6.3 respectively for the last ten days now, which isn’t a bad rate.
Not bad that is, before tax and for effectively three years!
My rate this year so far is 4.58%. It’s been distorted a bit as I’m loading money into Zopa like crazy.
The Anonymous Widower 
[…] will have been responsible for working out the principles of how that is done. I have said before that Zopa is in fact a stable system, but now they have tweaked the algorithm to speed up the […]
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