In the 2008-2009 financial crisis bankers have come in for a lot of stick but those who appeared before Parliamentary and Congressional Select Committees were apparently not very repentant so let us bash the bankers some more! Specifically by lending money to people directly and cutting the bankers out altogether.
The current bank rate is at an all time low of 1% but Zopa is closing lending deals for me with rates as high as 12%! Zopa is true person-to-person lending. You set your interest rates and your money is chopped up into micro loans as small as £10.
If you have a couple of thousand pounds available to invest, try it! But be sure to go to Zopa via this link. I will get a kick-back if you sign up and I might kick some of it back to you!
Labels: zopa lending