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Zopa fights against credit crisis

By ayny on Oct 10, 2008 in Make Money Online


In spite of the credit crunch raging across the globe borrowers and lenders in the UK show much interest in loan market as reports UK P2P loan market pioneer Zopa. Within the period of July and September 3700 borrowers joined the system against 2500 a month in the previous quarter.

The trend is explained by the customers’ search for alternative loan options as the banks are tightening their lending criteria says Sarah Kennedy, head, customer proposition, Zopa.


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