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More Supply than Demand at Zopa

By Jim Bruene on December 15, 2006 2:41 PM

link to Zopa homepage In a blog post today, person-to-person lender Zopa told its U.K. lenders that, due to a seasonal "lack of creditworthy borrowers," it would take a bit longer to lend out their money this month. However, the company predicted a seasonal upturn in January as more good borrowers looked for funds. The company reminded lenders that they still earn 4.25% on idle funds held by Zopa.

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Categories: Loans & Credit , Prosper , Zopa

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