Profit from the credit crunch Profit from the credit crunch
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  1. #1

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    Bagpuss is good enough for Jehovah!


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    Default Profit from the credit crunch

    Anyone making good money on Zopa now the banks are withdrawing the cheap deals. Surely now there is the potential for > 10% returns on loans?
    The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.

    But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”

  2. #2

    My post count is Majestic

    AtW is a fount of knowledge

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    Would you really want to load to people who won't get loan elsewhere and have to pay 10% for that? Might as well invested into retirement property on Lake Chicamocomico.

  3. #3

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    Bagpuss is good enough for Jehovah!


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    Just had a look on Zopa and this made me laugh....

    Looking to consolidate my current credit so I can save for a deposit on my first house!
    Borrower: Remis
    Amount requested: £5,030.00
    Preferred rate: 11.00%
    The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.

    But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”

  4. #4

    Richer than sasguru

    DimPrawn is always on top

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    Quote Originally Posted by Bagpuss View Post
    Anyone making good money on Zopa now the banks are withdrawing the cheap deals. Surely now there is the potential for > 10% returns on loans?
    I'm looking into it. I reckon there is money to be made.

    However, of course, easy money can be had with another BTL, which guarantees 10% return forever, at no risk or effort.

    SARS-CoV-2 - Finally something from China that still works as designed.

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