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Zopa. What Do U Make Of This?

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An article about it:

http://www.thisismoney.co.uk/money/cardsloans/article-1600626/Zopa-for-savers-Create-your-own-bank.html

And the site itself:

http://www.zopa.com

I won't be using it myself but thought it might be of interest to tv people's.

Wondering what peoples thoughts on it. Think I'd rather borrow than lend to test it out first if I was going to get involved. Could be not a bad option for some people.

Cheers

There's another outfit that lend only to credit-checked businesses:

www.fundingcircle.co.uk

Its been around a few years now...as with anything, for a better return there is risk involved.

A similar thing called Quakle went belly-up recently. The outlook for these services is not good, I think.

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