Low rate loans
Borrowers at Zopa get loans at great rates
The table below shows the cost of a £5,000 loan over 3 years at Zopa compared to other loan providers.
|Zopa A* personal loan||6.4%|
|M&S Personal Loan||7.1%|
Rates are Representative APRs. There are no additional charges on a Zopa loan, though there may be from other loan providers. Source: Zopa (midnight each day) and moneysupermarket.com (15:40 on 21/05/2013)
What's this about?
The rate in the table above is based on a loan available to at least 51% of our borrowers. By cutting out the banks and dealing direct with Zopa lenders, all borrowers at Zopa get great rates - but the exact rate you'll be offered depends on your creditworthiness.
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