The Changes at Zopa
Zopa has changed over the last few months.
Three investors have indicated to me they don’t like what has happened, with respect to things like Safeguard and the company’s policy on using individual offers.
Two incidentally, have now moved some of their focus to Funding Circle in response to the changes.
You may get a better return on your money with Funding Circle, but to me it is site that you have to tinker with and check your investments too much. It also has some features that grate with my programming standards.
Also, I tend to use Zopa as a safe deposit account, that allows me to withdraw up to about five percent of my money each month without any cost or hassle. I actually reinvest my earnings and repayments, but these are what I would tap into, if I needed them.
I think it is true to say, that depending on your circumstances, you would prefer a particular peer-to-peer lender. Zopa and Funding Circle have probably moved to different corners of the market.
It’s your money so take your pick!
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The Anonymous Widower 
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