Post by ahowlin on Jun 11, 2019 11:50:24 GMT
I received a regular monthly update from Zopa today. I noticed they mentioned they had diversified their funding away from purely retail lenders. This may of course be old news. Does anyone know how their retail lending works with respect to these funds? In particular is there a risk of cherry picking with the retail lenders ending up with the crud the institutional lenders do not want?
If so I shall be exiting Zopa as I did with FC when they introduced the same changes a few years back.
If so I shall be exiting Zopa as I did with FC when they introduced the same changes a few years back.