Zopa loans

Zopa is a social lending site that allows borrowers and lenders to come together.

Loans are available from £1,000 to £15,000.

The site was launched in 2005 and now has over 180,000 members.

Loans and Credit News

UK households ‘still saddled with £7,900 debt’

UK families 'still have debts of almost £8,000'

The average UK household still has debts of £7,900 from loans, credit cards and overdrafts despite three years of belt tightening, latest analysis suggests.

Just 2% of college students believe being in debt is "unusual"

Students lack understanding of basic financial concepts, says the CII

Research from the Chartered Insurance Institute shows that despite being expected to make significant financial decisions many 16-18 year-olds don't understand basic financial terms.

Consumer confidence rises as borrowing falls by record sum

There was a slight rise in consumer confidence this month, while personal debt levels fell by the largest figure ever seen, new statistics have shown.

IMF downgrades UK economic growth forecast for 2012

The International Monetary Fund has said it does not expect economic growth to be as strong as previously expected this year.

Government borrowing breaches £1trillion for first time ever

Public sector borrowing in the UK has breached £1trillion for the first time ever

Government borrowing has passed £1trillion for the first time ever despite a fall in public sector net borrowing of £2.2 billion in December 2011 compared to December 2010.

UK retailers see big jump in profit warnings at end of 2011

The number of UK companies issuing profit warnings is rising, according to a new report from Ernst & Young

A new report by accountants Ernst & Young reveals a 70 per cent jump in profit warnings issued in the final quarter of 2011 and the trend is likely to continue into 2012.

Lending to SME's fell in 4th quarter reports Bank of England

The Bank of England reports that bank business lending fell in the final quarter of 2011

Bank lending to businesses fell in the fourth quarter and lending to individuals was flat amid difficult conditions in the wholesale money markets, according to a new report from the bank of England.