On the social lending site Zopa, there are two ways to borrow money.

You can apply for an online loan in the normal way. Or you can make pitch for a loan in the same way as Dragon's Den.

Recent pitches for loans offered money in the listings include:

£3,000 Credit Card Consolidation Loan at 7%
£9,000 Loan to Learn to Fly at 9%
£10,000 Car Loan at 9%
£3,000 Wedding Loan at 8%
£5,000 House Deposit Loan at 7%

With over £2.5 million of funds available for lending there is no credit crunch at Zopa.

Apply for your online loan now!

Zopa is a Social Lending website where people lend and borrow money with each other.

By cutting out the banks in the middle, borrowers get lower rates and savers get higher rates.

As High Street banks are tightening up due to the Credit Crunch and increasing loan rates, there continue to be low cost loans available at Zopa.

Zopa lent a record £2.5 million in online loans in February 2009.

Obtain your Online Loan Quote BORROW NOW

Online Loans

Would you like a low cost loan?

Zopa Online Loans cuts out the middlemen and allows you to borrow direct from savers at low cost.

Click here to BORROW NOW at the UK's first peer to peer savings and loans website.

Low Cost Car Loan

Double Celebrations! I have now picked up my new car! And as I had the cash from my Zopa car loan, rather than use the car dealer's finance, I was able to negotiate a discount of £500 off the car.

This is extra good news as Zopa loans have no early repayment penalties, so I can return the money and reduce my borrowing term. However, I am considering investing the £500 at Zopa to lend on to others with the aim of making a profit, to further reduce my borrowing! I will keep the blog updated.

Obtain a cheap car loan quote at Zopa now.

Annabelle's Online Loans

I am delighted today to have been approved for my £5,000 car loan from Zopa at a very low interest rate . The car loan interest rate is 6.8% from Zopa which is less than half the cost that I was offered from my bank and compares to a rate of 22% offered by the car dealership.

I thoroughly recommend Zopa to anyone wanting online loans. It is worth getting a comparative quote at the least. Click here to see what interest rate online loan you could get.

http://uk.zopa.com/member/Annabelle

My aim of this blog is to let everyone know what cheap loans you can get on Zopa. In addition, as Zopa will credit £50 to my account for each person I refer who takes out a loan, my other aim is to refer as many people a possible to help me pay off my loan sooner rather than later! Please help me pay off my loan!