The Anonymous Widower

Is It Worth Investing In Zopa’s C Market?

Zopa’s C market pays better than the ones that I invest in now. At present, I get 6.3% in A*, 6.7% in A and 7.6 in B. Switching on C has given me 8.9% in that market.

I’m going to switch it on for a month or so, and see if my bad debt gets worse. I didn’t always have the B market switched on and so far, I haven’t had a write-off in that market.  I enabled it on the 17th December 2010.

The aim is to see if the extra interest received is worth the extra defaults.

Suppose I had £1,000 invested in the C market, which could be paying upwards of 1.3% better than B. This would give me an extra thirteen pounds a year.

After about 12 hours, I’ve got one contract pending in the C market.

September 4, 2012 - Posted by AnonW | Finance | Zopa