Aug 14 2008
Posted by Savaroony at 1:26 pm
Crumbs and crikey! We've just had a couple of
seriously busy weeks, hitting all time greatest numbers of applications and loan disbursals. AND our
listings are more popular than ever, scrolling over two pages - it's now a tricky business keeping track of who is who!
Speculation as to what's causing this huge uptick lands firmly at the feet of the credit crunch: as secured lending has become harder to get hold of, unsecured lending is the back up plan and there's just not enough of that from the traditional banks to go round.
So you won't hear us complaining of being busy; it's great that our lenders can benefit whilst helping so many credit-worthy borrowers out.
Whilst current newspapers don't make for cheerful reading, we're pleased to offer one of the few bits of good news to our members.
Every cloud...?
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Simon Deane-Johns
Posted on August 18th, 2008 at 4:41 pm
Hey, Savaroony, this was good. Could you please give us a bit more of a flavour as to what’s going at Zopa via the blog so we can follow/share more easily on RSS?
Best,
SDJ