According to their web site, Zopa is coming to the U.S.
Podcast: Zopa Revisited
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Mar 8, 2005 – Computer Business Review Online
An online exchange called Zopa has been launched that enables members to borrow or lend up to GBP25,000 from peers rather than using a traditional bank or building society. Building on the eBay concept, the website is a market for lending which provides investors with higher returns and borrowers with preferential rates to those offered on the high street. However, the concept may be a tough sell.
Individuals can sign up to Zopa as either a borrower or a lender. On application, a borrower’s credit rating is checked with Equifax and Zopa undertakes anti-fraud checks. The borrower is then placed into one of two markets depending on their credit rating, one catering for applicants with a medium to good credit rating and one for individuals with a very good rating. The borrower then stipulates a rate at which they are prepared to borrow, the amount of the loan and the repayment period.