{"id":2699,"date":"2010-09-01T12:16:52","date_gmt":"2010-09-01T11:16:52","guid":{"rendered":"http:\/\/blog.widmann.org.uk\/?p=2699"},"modified":"2010-09-01T12:16:52","modified_gmt":"2010-09-01T11:16:52","slug":"zopa","status":"publish","type":"post","link":"https:\/\/widmanniana.org\/blog\/zopa\/","title":{"rendered":"Zopa"},"content":{"rendered":"<p>I should probably have known about it already, but I had never heard of <a href=\"http:\/\/uk.zopa.com\/member\/viralbus\">Zopa<\/a> until ten days ago.<\/p>\n<p>It&#8217;s simply a &#8216;social lender&#8217; who will take your money, split it into small packages, and then let different people borrow one package each.  The effect is that you get a much better interest rate than you would in a savings account, but obviously you are running a risk if they all default.<\/p>\n<p>Here&#8217;s a video about it:<object width=\"480\" height=\"385\"><param name=\"movie\" value=\"http:\/\/www.youtube.com\/v\/LUs5LC6Bpm8?fs=1&amp;hl=en_US&amp;color1=0x006699&amp;color2=0x54abd6\"><\/param><param name=\"allowFullScreen\" value=\"true\"><\/param><param name=\"allowscriptaccess\" value=\"always\"><\/param><embed src=\"http:\/\/www.youtube.com\/v\/LUs5LC6Bpm8?fs=1&amp;hl=en_US&amp;color1=0x006699&amp;color2=0x54abd6\" type=\"application\/x-shockwave-flash\" allowscriptaccess=\"always\" allowfullscreen=\"true\" width=\"480\" height=\"385\"><\/embed><\/object><\/p>\n<p>I&#8217;ve started out by lending out \u00a350 over 48 months.  The initial process is very slow &ndash; after creating your account you need to transfer money into it, and that has taken me a week and a half, but now I&#8217;m up and running.<\/p>\n<p>I&#8217;ll blog about it again if it turns out to be better or worse than expected.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I should probably have known about it already, but I had never heard of Zopa until ten days ago. It&#8217;s simply a &#8216;social lender&#8217; who will take your money, split it into small packages, and then let different people borrow one package each. The effect is that you get a much better interest rate than you would in a savings account, but obviously you are running a risk if they all default. Here&#8217;s a video about it: I&#8217;ve started out by lending out \u00a350 over 48 months. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99,159,151],"tags":[],"class_list":["post-2699","post","type-post","status-publish","format-standard","hentry","category-economics","category-en","category-web"],"_links":{"self":[{"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/posts\/2699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/comments?post=2699"}],"version-history":[{"count":0,"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/posts\/2699\/revisions"}],"wp:attachment":[{"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/media?parent=2699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/categories?post=2699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/tags?post=2699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}