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Post by wiseclerk on May 19, 2016 13:42:14 GMT
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Post by austrianbogeyman on May 20, 2016 0:45:48 GMT
$1,000,000,000,000 in the US, this is a bubble that's going to get really nasty.
I exited Zopa when I saw someone was borrowing for a wedding. Cars aren't much better.
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Post by fuzzyiceberg on May 20, 2016 7:45:07 GMT
Given cars are the biggest reason people take unsecured credit it would be rather silly for Zopa not to be in this market.
You don't like people borrowing for Cars or Weddings - is there any borrowing that passes your tests? Because if not the whole P2P industry, and much banking activity should be closed.
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stevio
Member of DD Central
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Post by stevio on May 20, 2016 8:25:37 GMT
Least it's asset backed (I presume) - doubt whether the rates that good though
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ben
Posts: 2,020
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Post by ben on May 20, 2016 19:26:32 GMT
the rates will probably not be that good but will have a look and see when it comes out
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