Sunday, November 05, 2006
Lending with Zopa
They are always coming up with some of the greatest services over in the UK. For instance, I recently found out that the Zopa service is now going to finally take it's business overseas to help out us wacky Americans. For those who might be familier with it, it's basically an online loans system that cuts out the need for a bank or some other form of middle man. Much like other peer-to-peer systems, people can sign up and easily lend or borrow money with other members through their secure network. It might put some people off thinking that it isn't a very safe way to do busniess, but they have an extremely well-crafted security system with their identity-checked, credit-checked and risk-assessed members. It's a reveltionary new concept, so I suggest you check out their site at zopa.com and get to know them so you can get instantly involved once they take bring their business here to the U.S.