Visit your personalised loan prices in only three minutes.

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Visit your personalised loan prices in only three minutes.

Our prices in many cases are one of the cheapest available to you. Checking your prices will not impact your credit rating.

TrustPilot 5 star score an example of five movie stars

Representative instance

That loan of Ј10,000 over five years can cost you Ј242.32 per at a representative 17% APR month.

The sum total price after five years is Ј14,539.29, which include Ј4,539.29 interest at 17% fixed and a fee that is ј0. The full total level of credit is Ј10,000.

The price you might be provided depends on your circumstances that are individual.

Representative instance

That loan of Ј10,000 over five years can cost you Ј242.32 per month at a agent 17% APR.

The full total cost after 5 years is Ј14,539.29, which include Ј4,539.29 interest at 17% fixed and A ј0 cost. The full total level of credit is Ј10,000.

The price you will be provided depends on your circumstances that are individual.

We Are Zopa

In 2005 we built the ever that is first (P2P) home loan company to investigate the site offer individuals use of easier, better-value loans and assets. Since that time we have assisted thousands of clients make the anxiety away from cash because they build our company on sincerity, transparency and trust. In 2020, we began a chapter that is new our journey, formally introducing Zopa Bank alongside our P2P company. The explanation for achieving this had been easy: to give a lot more methods to empower our clients to FeelGood about cash.

We have authorized over Ј5 billion in loans.

Why choose Zopa?

Begin to see the price you ll really get, with no effect to your credit rating

Apply in a minutes that are few no types or documents

If the loan s approved, you ll get the cash within 2 hours

You can spend additional towards your loan and now we don t charge a cost

Our customer support is award-winning, which means you know you’ll receive a good service as standard when you really need to obtain in contact

What our customers think

Exceptional fast service Michelle Card

Exceptional loan provider Alexander Macaulay

Top class loan company. Andy

A rather service that is good Alan Williams

TrustPilot 5 star score an example of five movie movie stars

Predicated on 14633 reviews

We fight for the liberties

We led the cost in looking for regulation when it comes to loans that are peer-to-peer to make sure that your requirements are often placed first. Today, it is managed because of the Financial Conduct Authority (FCA).

Individuals usually ask us

There are some conditions, and possesses to possess been at the least a few months as your Zopa loan that is last application.

Exactly Exactly How?

You can select the option to ‘Borrow more’ when you sign in, under ‘My account’.

You need to just borrow what you are actually able repay, and all sorts of Zopa loans are susceptible to our normal credit checks

Please understand that the amount that is total can borrow is Ј25,000. What this means is you have up to Ј20,000 left to borrow if you have an outstanding balance of Ј5,000.

Consolidating a loan that is existing?

Great. Just tick the ‘debt consolidation’ field if you would like consolidate an existing loan. When you look at the ‘about you’ part of the mortgage application you will end up provided the choice to consolidate your existing Zopa loan, and shown the amount. Do not forget to tick the ‘final consolidation authorization’ field.

Please be conscious that a settlement quantity is automatically obtained from your account once you take out a brand new loan with us. Which means that the residual stability of the loan, any costs also interest due are deducted from your own brand new loan quantity.

Yes well, kind of.

Your repayments that are monthly drop if you spend additional towards your loan.

But it is extremely hard to choose a unique amount from scratch, because your Loan agreement is really an agreement that is fixed. It will help us responsibly prepare the cash that goes in and away from Zopa.

Yes, it is possible to. To combine a number of existing Zopa loans.

First you will need to log into the zopa account

Under ‘My account’ you are able to choose the choice to ‘Borrow more’.

The application will be subject to our normal credit checks and you can only borrow up to the maximum loan allowance out of Ј25,000 as with your original loan.

For instance: you have up to Ј20,000 left to borrow if you borrowed Ј5,000.

Please be conscious that a settlement quantity is immediately obtained from your bank account once you sign up for a brand new loan with us. This means the rest of the stability of one’s loan, any charges, in addition to interest due are deducted from your own loan that is new amount.

As an example: in case your Zopa that is remaining loan ended up being Ј1,000 and also you sent applications for a new Ј3,000 Zopa loan. Let’s imagine your costs and interest add up to Ј20. The residual stability of one’s original loan ( Ј1,000), along with any charges and interest payable ( Ј20) is likely to be deduced just before are credited utilizing the staying disbursal quantity.

Using the aforementioned example, this will suggest your loan disbursal amount is Ј1,980.

Yes you can easily. The is automatically set to 30 days after your loan is approved, but you’re welcome to pick a more convenient one day.

To alter your payment time, please signal into the Zopa account, open the loan that is relevant and stick to the steps on screen.

What to bear in mind

  • You will constantly have to choose a romantic date which is at the least 3 times in the foreseeable future.
  • We try to provide just as much flexibility we process payments as we can, but some dates won’t be possible because of how. In the event that date that is first choose is not a choice, please decide to try a short time before or after it.
  • The next month-to-month payment will increase or decrease slightly. We try this to regulate for the alteration in interest payable due to the increased or reduced quantity of times from your own initial payment time to your repayment that is new time. (don’t be concerned, it is a one-off! Your repayments will come back to normal listed here thirty days. )
  • You may not manage to replace your payment time if: there is a payment pending or perhaps in progress, or perhaps you’ve missed more than one repayments or have actually defaulted in your loan, or perhaps you recently made a additional payment and have not made a typical month-to-month payment since.

Require a hand?

We are here to assist. Contact us on 020 7580 6060 (Monday to Thursday 9am-5.30pm and Friday 9am-5pm).

Yes you’ll. As much as you prefer, without any penalty costs.

To spend online that is extra through the application: please sign into the Zopa account, start the appropriate loan, and stick to the steps on display screen. We are going to make the cash throughout your Direct Debit.

To pay for additional within the phone: contact us on 020 7580 6060 (to Thursday 9am-5.30pm monday and Friday 9am-5pm) and we also’d be pleased to walk you through it. You are able to decide to spend by Debit Card or via your Direct Debit.

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