Browsing All Posts filed under »Savings«

Savers looking to beat inflation are shunned by banks

September 26, 2011

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LONDON, 24th May 2011 – Now that no bank account in the UK can match or beat inflation, savers need to look beyond the banks to protect their money from the ravages of rising inflation. One of the most attractive alternatives is lending at Zopa – the online lender that uses the peer-to-peer mechanism to… [Read more…]

Zopa marks £150 million in P2P lending with special discount for borrowers

September 26, 2011

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LONDON, 31st August 2011 – As increasing numbers of people frustrated with the behaviour of the banks seek better ways to borrow and save, leading peer-to-peer lender Zopa confirmed today that it has just passed the £150 million milestone in the loans it has arranged between members, all at rates they agree between themselves.  To… [Read more…]

Peer-to-peer lending rescues dejected fixed rate savers

September 26, 2011

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LONDON, 20th June 2011 – As Moneyfacts confirms that fixed rate saving bond rates are falling as banks think the Bank of England will not increase the base rate until next year, dejected savers are turning to leading peer-to-peer lender Zopa.com to enjoy fixed rate returns at nearly twice those on current savings bonds. Moneyfacts… [Read more…]

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