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nobbybarnesranoverthewrongtrip
02 Aug 10 17:44
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Date Joined: 24 Jul 06
| Topic/replies: 1,355 | Blogger: nobbybarnesranoverthewrongtrip's blog
rather than spend 15 minutes reading all the t and cs could someone who knows please tell me? cheers.
Pause Switch to Standard View as a lender on zopa.com, as long as...
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Report cornubia August 12, 2010 12:17 AM BST
No money is 100% safe anywhere. They are very reliable in processing payments if that is what you mean.
On Zopa each loan is syndicated so you only loan a part of it. Zopa do chase up defaulters strongly as their business fails otherwise.
Ironically, the number of defaulters is far less than with banks.
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