Comments on: Zopa: an alternative to banks and a recession-busting way to borrow money http://www.moneymagpie.com/article/zopa-an-alternative-to-banks-and-a-recession-busting-way-to-borrow-money?utm_source=rss&utm_medium=rss&utm_campaign=zopa-an-alternative-to-banks-and-a-recession-busting-way-to-borrow-money Just another WordPress site Fri, 10 Feb 2012 04:59:34 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Internet Banking http://www.moneymagpie.com/article/zopa-an-alternative-to-banks-and-a-recession-busting-way-to-borrow-money#comment-15213 Internet Banking Thu, 04 Feb 2010 08:05:13 +0000 http://www.moneymagpie.com/?p=11092#comment-15213 @chels I know what you mean, its hard to find good help these days. People now days just don't have the work ethic they used to have. I mean consider whoever wrote this post, they must have been working hard to write that good and it took a good bit of their time I am sure. I work with people who couldn't write like this if they tried, and getting them to try is hard enough as it is. @chels I know what you mean, its hard to find good help these days. People now days just don’t have the work ethic they used to have. I mean consider whoever wrote this post, they must have been working hard to write that good and it took a good bit of their time I am sure. I work with people who couldn’t write like this if they tried, and getting them to try is hard enough as it is.

]]> By: Alex http://www.moneymagpie.com/article/zopa-an-alternative-to-banks-and-a-recession-busting-way-to-borrow-money#comment-6657 Alex Tue, 14 Jul 2009 12:43:40 +0000 http://www.moneymagpie.com/?p=11092#comment-6657 Thanks Rob, an excellent explanation of Zopa and it's advantages for both borrowers and savers. The only correction I would make is that with Listings applications, the application still undergoes credit checks and underwriting (carried out by Zopa), and it is not until these are complete that someone will know whether they are able to borrow the money offered on the listing or not. Lenders are able to offer money whilst this process is carried out, so don't think that just because you're getting offers you're guaranteed the money... Thanks, Alex Thanks Rob, an excellent explanation of Zopa and it’s advantages for both borrowers and savers.

The only correction I would make is that with Listings applications, the application still undergoes credit checks and underwriting (carried out by Zopa), and it is not until these are complete that someone will know whether they are able to borrow the money offered on the listing or not. Lenders are able to offer money whilst this process is carried out, so don’t think that just because you’re getting offers you’re guaranteed the money…

Thanks,

Alex

]]>