Peer to Peer Loans
Compare Peer to Peer Loans
£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.
- Good Credit Only
- Checking your rates won’t affect your credit score
- We approve over £2 million every day to people with a good credit history
- Simple online application – no paperwork through the post
- No early repayment fees, no hidden charges
- Best Personal Loan Provider &
Alternative Finance Provider (British Bank Awards, 2018)
- To apply for an Zopa Loan applicants must:
- Confirm identity
- Be at least 20 years old
- Have credit history that we can see and a good track record of repaying debt
- Be a current UK resident and have 3 years of address history in the UK
- Have an income of at least £12,000 per year (this could be a salary or pension)
- Be able to afford the loan
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)
- 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!