http://www.connectedinternet.co.uk/2006/03/11/zopa-hits-50000-users/ The latest tech, mobile and gaming news Mon, 15 Mar 2010 18:42:53 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.connectedinternet.co.uk/2006/03/11/zopa-hits-50000-users/comment-page-1/#comment-571 James MacAonghus Wed, 15 Mar 2006 14:31:10 +0000 http://www.siteground128.com/~connecte/2006/03/11/zopa-hits-50000-users/#comment-571 that's just crazy, I like the whole web 2.0 thing but no peer is going to get their grubby hands on my money! No, I'd rather give it to HSBC for less interest so they can announce record profits - which at least is patriotic given that they are British. Oh wait, what does HSBC stand for? Now, is it irony that has made Zopa offer free alcohol to lenders, on their homepage? Most loans are going at about 4.8%, although you can get 6-7% - I am not sure why you would do this as a lender instead of putting your money in the bank for the same interest ... unless it is to avoid tax? Can you ask your friend that - ignoring the 2% offer - why would a lender use Zopa (where most loans go for 2.x%) rather than any bank, which easily gives 5% (see moneysupermarket.co.uk)? I can see this as a good way for semi-friends to lend to each other, i.e. it's not too formal but there is some record, but I don't understand why you would lend to strangers through this site. that’s just crazy, I like the whole web 2.0 thing but no peer is going to get their grubby hands on my money! No, I’d rather give it to HSBC for less interest so they can announce record profits – which at least is patriotic given that they are British. Oh wait, what does HSBC stand for?
Now, is it irony that has made Zopa offer free alcohol to lenders, on their homepage?
Most loans are going at about 4.8%, although you can get 6-7% – I am not sure why you would do this as a lender instead of putting your money in the bank for the same interest … unless it is to avoid tax?
Can you ask your friend that – ignoring the 2% offer – why would a lender use Zopa (where most loans go for 2.x%) rather than any bank, which easily gives 5% (see moneysupermarket.co.uk)?
I can see this as a good way for semi-friends to lend to each other, i.e. it’s not too formal but there is some record, but I don’t understand why you would lend to strangers through this site.

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