Visit your personalised loan rates in only three minutes.

Visit your personalised loan rates in only three minutes.

Our prices tend to be one of the cheapest on the market. Checking your prices will not impact your credit rating.

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Representative instance

That loan of Ј10,000 over five years can cost you Ј242.32 per thirty days at a representative 17% APR.

The full total expense after five years is Ј14,539.29, which include Ј4,539.29 interest at 17% fixed and a fee that is ј0. The total quantity of credit is Ј10,000.

The price you may be offered is determined by your circumstances that are individual.

Representative instance

That loan of Ј10,000 over five years can cost you Ј242.32 per at a representative 17% APR month.

The full total price after five years is Ј14,539.29, which include Ј4,539.29 interest at 17% fixed and a fee that is ј0. The full total level of credit is Ј10,000.

The price you may be provided is determined by your circumstances that are individual.

We Are Zopa

In 2005 we built the ever that is first (P2P) mortgage lender to offer people usage of easier, better-value loans and assets. Ever since then we have assisted thousands and thousands of clients use the anxiety away from money because they build our company on sincerity, transparency and trust. In 2020, we began a chapter that is new our journey, formally releasing Zopa Bank alongside our P2P company. The cause of carrying this out was easy: to produce much more techniques to enable our clients to FeelGood about cash.

We have authorized over Ј5 billion in loans.

Why choose Zopa?

Start to see the price you ll get, with actually no effect to your credit rating

Apply in a couple of minutes online no kinds or documents

Should your loan s authorized, you ll get the cash within 2 hours

You can spend additional towards your loan and now we don t charge a cost

Our customer care is award-winning, so that you know you will get a service that is great standard when you really need to have in contact

Just exactly just What our customers think

Exceptional service that is fast Card

Exceptional loan provider Alexander Macaulay

Top class loan company. Andy

A really good solution provided Alan Williams

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Centered on 14633 reviews

We battle for the legal rights

We led the fee in searching for legislation when it comes to loans that are peer-to-peer to ensure that your requirements are often placed first. Today, it is controlled because of the Financial Conduct Authority (FCA).

Individuals frequently ask us

There are some conditions, and possesses to own been at the very least six months as your final Zopa loan application.

Just Just How?

Whenever you check in, under ‘My account’ you can easily choose the choice to ‘Borrow more’.

You really need to just borrow what you’re able repay, and all sorts of Zopa loans are at the mercy of our normal credit checks

Please understand that the amount that is total can borrow is Ј25,000. This implies you have up to Ј20,000 left to borrow if you have an outstanding balance of Ј5,000.

Consolidating a loan that is existing?

Great. Merely tick the ‘debt consolidation’ field if you’d like to consolidate a loan that is existing. When you look at the ‘about you’ part of the mortgage application you will be because of the choice to consolidate your existing Zopa loan, and shown the amount. Do not forget to tick the ‘final consolidation authorization’ field.

Please be conscious that a settlement quantity is immediately extracted from your bank account once you sign up for a brand new loan with us. This means the rest of the stability of the loan, any costs along with interest due are deducted from your own brand new loan quantity.

Yes well, kind of.

Your repayments that are monthly decrease in the event that you spend additional towards your loan.

But it is extremely hard to choose a brand new quantity from scratch, because your Loan agreement is really a fixed agreement. It will help us responsibly prepare the income that goes in and away from Zopa.

Yes, you can easily. To combine more than one current Zopa loans.

First you’ll want to log to your zopa account

Under ‘My account’ you are able to find the choice to ‘Borrow more’.

The application will be subject to our normal credit checks and you can only borrow up to the maximum loan allowance out of Ј25,000 as with your original loan.

For instance: you have up to Ј20,000 left to borrow if you borrowed Ј5,000.

Please be conscious that a settlement quantity is immediately extracted from your bank account once you sign up for a brand new loan with us. Which means the rest of the stability of one’s loan, any charges, along with interest due are deducted from your own brand new loan quantity.

As an example: In the event the Zopa that is remaining loan had been Ј1,000 and you also sent applications for a fresh Ј3,000 Zopa loan. Let’s imagine your charges and interest add up to Ј20. The residual stability of the initial loan ( Ј1,000), in addition to any costs and interest payable ( Ј20) may be deduced just before are credited aided by the remaining disbursal amount.

Using the above mentioned instance, this will mean your loan disbursal quantity is Ј1,980.

Yes you are able to. The time is automatically set to thirty day period after your loan is authorized, however you’re welcome to choose a far more convenient one.

To alter your payment time, please signal to your Zopa account, open the loan that is relevant and proceed with the steps on display.

Items to bear in mind

  • You will constantly need certainly to payday loans online in South Carolina choose a romantic date which is at the very least 3 times in the foreseeable future.
  • We try to provide just as much flexibility we process payments as we can, but some dates won’t be possible because of how. In the event that date that is first choose is not a choice, please decide to try a few days before or after it.
  • Your following monthly payment will increase or decrease somewhat. We try this to modify for the alteration in interest payable due to the increased or reduced amount of times from your own original payment day to your brand new repayment time. (do not worry, it really is a one-off! Your repayments will go back to normal listed here month. )
  • You may not have the ability to replace your payment time if: there is a repayment pending or perhaps in progress, or you’ve missed more than one repayments or have actually defaulted on the loan, or perhaps you recently made a additional payment and have not made a normal month-to-month payment since.

Desire a hand?

We are here to greatly help. Give us a call on 020 7580 6060 (Monday to Thursday 9am-5.30pm and 9am-5pm) friday.

Yes you’ll. As much as you would like, without any penalty costs.

To spend online that is extra through the software: please signal to your Zopa account, start the relevant loan, and stick to the steps on display. We are going to make the cash during your Direct Debit.

To pay for additional throughout the phone: contact us on 020 7580 6060 (to Thursday 9am-5.30pm monday and Friday 9am-5pm) and we also’d be pleased to walk you through it. It is possible to elect to spend by Debit Card or via your Direct Debit.