Thursday, October 25, 2007

Social Lending from Zopa

Do you aware that now you can actually borrow money from anyone besides banks? Yeah, you hear me right! Let me briefly tell you about Social Lending from Zopa. Social Lending is like borrowing and lending with each other, sidestepping the banks. The benefits are lenders can get great return rates while borrowers can get low-cost loans.

Zopa is the world’s first online marketplace for social lending. It provides the community to apply a loan for a minimum interest rate. On top of that, you also can make money via lending money. Lenders can enjoy an average rate of 7.0% pa on the money they've lent out this year. Don’t you think it is better than your saving account? Hop over to Zopa now if you wish to make more money!