Peer to Peer Loans

Peer to Peer Loans

Compare Peer to Peer Loans

Loan Type
Zopa Personal Loan
APR/APRC
3.9% APR
Representative (£7,500-£15,000)
Loan Term
1 to 5 Years
Borrow

£1,000 to £20,000
Excellent Credit Only!

Representative Example:  The Representative APR is 3.9%. Based on a loan amount of £10,000 over 60 months at an interest rate of 9.9% p.a. (fixed). Monthly repayment of £210.05. Total amount repayable £12,602.87.

Peer to Peer Loans

Peer to Peer personal loans are available for people with a very good credit history. Our loans service provides:

  • Loan Quotes for any purpose from £1,000 to £25,000.
  • Loan terms up to 5 years
  • No early repayment charges
  • No application fees
  • Same day payout possible (normally 2 days)

Eligibility criteria:

  • Applicant will require a Good credit record (Equifax 400+; Experian 720+). If you’re unsure of your credit record then click here to check it for free
  • No CCJs/Defaults/IVAs or bankrupts allowed
  • Tenants and Homeowners are both eligible
  • Minimum age is 24
  • Maximum age is 72 (at time of application)
  • Applicant cannot be unemployed (self-employed/retired is ok)
  • A minimum income of £14,500 pa is required
  • UK only (England, Scotland, Wales and Northern Ireland ok but no Isle of Man or Channel islands)
  • Applicant must have at least 3 credit files at their current address (mortage, loan, credit card etc) and if they’ve been at this address for less than 1 year then 3 at their previous address.

To apply, please complete the form opposite. If you’re approved you could get the funds within 24 hours of approval!