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Zopa


Zopa are one of the oldest P2P lenders in the market. Since 2005, they have approved £3.64bn worth of loans with APRs ranging from 2.9% to 34.9% and currently approve more than £2m per day. They currently offer 2 main products; Zopa Core and Zopa Plus that are not protected by a provision fund however both products employ a 1% diversification limit to ensure a reduced risk deposited funds. Zopa Core only targets A*-C borrowers, whereas Zopa Plus also includes D & E borrowers to achieve higher returns for additional risk.

  • Interest rates start from 4.5%
  • Minimum investment is £1,000
  • Terms are available up to 5 years.
  • No loan will hold more than 1% of deposited funds
  • A secondary market is available
  • A 1% fee is charged if investors choose to sell loans early

* correct as of 17/07/2019


Invest from £1000 Borrow Now

Zopa Borrower rate vs Default rate

* Borrower rate represents the gross interest rate charged to the borrower. * Definition of what represents a default will vary according to each platform. * Default value represents loans originating from that month


  • Total lent

    The total amount ever lent out by the platform

    £4,032,744,637

  • Average loan

    The mean average loan amount

    £7,101

  • Biggest loan

    The single biggest amount lent out

    £35,000

  • Biggest default

    The single biggest default

    £29,910

  • Min investment

    The minimum amount needed to invest

    £1000

  • Established date

    04/08/2004

Products


Zopa Core

Min investment
£1,000.00
Estimated return
4.5%

Zopa Core investors can expect potential returns of 4.5% per annum. Zopa's risk market metric measures how likely borrowers can repay their loans on time and in full. Zopa Core borrowers range from A* - C, meaning they are low-risk loans.

This product is available as an IFISA, which follows the guidelines as set out by UK government.

Zopa Plus

Min investment
£1,000.00
Estimated return
5.2%

Zopa Plus investors can expect potential returns of 5.2% per annum. Zopa's risk market metric measures how likely borrowers can repay their loans on time and in full. Zopa Plus borrowers range from A* - E, meaning they contain the full range of loans offered on the platform.

This product is available as an IFISA, which follows the guidelines as set out by UK government.

IFISA

Min investment
£1,000.00
Estimated return
up to 5.2%

With an IFISA, Zopa customers can earn interest tax-free on their P2P investments by depositing up to £20,000 in the current tax year. Both the Zopa Core and Zopa Plus products can be converted into this IFISA product and customers can receive the same benefits, without having to pay tax on their earnings.

This IFISA's flexibility means that customers can withdraw and replace any funds without affecting their annual limit. There is also the option of transferring-in ISAs from other providers, as well as transferring-out a Zopa ISA to other providers.


Disclaimer

The statistics are generated from data we have collected. We can not guarantee that there are no errors, omissions or inaccuracies.

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