- Joined
- Dec 22, 2003
- Messages
- 5,755
Has anybody tried this?
A disclosure, I have £500 in Ratesetter and Zoppa.
It is so far working well. Given that the best paying current account only gives me 3% before tax these peer to peer sites seem pretty good.
I can loan out any sum on a monthly basis (currently around 3%) or I can lend out for longer periods for more (ie 5 years = 6%).
The websites if you want to do some reading is www.ratesetter.com and www.zopa.com
However, if it seems interesting and you have £1000 sat around and you want to get more than a puny bank gives you, if you use my referral link then we both get £50 if you lend out 1k before the 2nd March - so your 1k has already earned you 5% interest, on top of whatever you earn from lending that out.
ps. hopefully I have disclosed enough that people won't mind me posting this. I genuinely think these companies are interesting and provide a service lending to companies/people who need it.
A disclosure, I have £500 in Ratesetter and Zoppa.
It is so far working well. Given that the best paying current account only gives me 3% before tax these peer to peer sites seem pretty good.
I can loan out any sum on a monthly basis (currently around 3%) or I can lend out for longer periods for more (ie 5 years = 6%).
The websites if you want to do some reading is www.ratesetter.com and www.zopa.com
However, if it seems interesting and you have £1000 sat around and you want to get more than a puny bank gives you, if you use my referral link then we both get £50 if you lend out 1k before the 2nd March - so your 1k has already earned you 5% interest, on top of whatever you earn from lending that out.
ps. hopefully I have disclosed enough that people won't mind me posting this. I genuinely think these companies are interesting and provide a service lending to companies/people who need it.