Over the last few weeks we’ve been making further enhancements to the weekly lender and My Zopa dashboard.
Both now show the current rate your loan book is earning. This is the average rate of the active loans in your book, shown after lender fees.
This rate does not include rate promise. Rate promise works by giving you the cash equivalent of the interest you would have earned over the life of the loans. You get this cash equivalent upfront (or on the date the rate promise was paid).
The weekly lender also shows how we’re performing in terms of hitting the projected earning rates. Each week you will see the average rates lenders have achieved in the last 4 weeks, and the average we had been projecting in the last 4 weeks.
We are working to get these numbers on the dashboard.