Zopa Personal Loan

[poppyjack]

Anybody know anything about Zopa Personal Loans as i'm trying to sort out a loan and was wondering how good these are as they give a good rate ?4000 over 3 years ?125.00 a month, roughly about 550.00 interest to pay back.

[nibblitz]

They're a curious setup, seems like they're middle men for ordinary folk lending their personal savings to borrowers..

[super jumbe]

What securities they ask for ?4000 loan if I don?t mind asking?

[mark8393]

Anybody know anything about Zopa Personal Loans as i'm trying to sort out a loan and was wondering how good these are as they give a good rate ?4000 over 3 years ?125.00 a month, roughly about 550.00 interest to pay back.

you should get for less at your bank. but dont buy what you cant afford, best thing is to save. only ever had one debt, bloody mortgage, dont want anymore than that

[lagerland]

What securities they ask for ?4000 loan if I don?t mind asking?

The house the wife the car + kids................

[super jumbe]

You can get ?4000 without securities if you are working and apply for credit cards instead of taking risk with your wife and children!!!!!!!!!!!!!!!!

[poppyjack]

Thank you all, i think i wii stick with my bank, just to be on the safe side...

[johnboy1974]

Credit union is the way for a cheap loan- They are popping up everywhere in these harsh times. I got a 1000 pound loan paid back over a year and interest was 50 quid.

[mark8393]

Also why not look at a credit card. Look at Martin Lewis site, moneysavingexpert. Some good deals now, 18 months interest free on spending, just make sure you can pay off in that time

[lagerland]

You can get ?4000 without securities if you are working and apply for credit cards instead of taking risk with your wife and children!!!!!!!!!!!!!!!!

Thanx SJ dont really need the money just thought it was a good way of getting rid of the lot of them you no out with the old and in with new so to speak..............