Zopa is all about social lending but in case you do not know what that means, let me elaborate. Social Lending is a smarter, fairer and more human way of doing money. It's like borrowing and lending with your friends and family except that you are actually lending or borrowing from strangers. The advantage is both lenders and borrowers get better saving through more attractive rates simply because compared to banks, Zopa has little overheads.
When you want to get a cheap loan, think of Zopa. Nicknamed as the eBay of the banking world, Zopa has garnered numerous awards including Best Internet Project 2007, Best Banking/Bill-Paying Website 2007, 5 Star, Product of the Month (August 2006), Top 100 private European internet services and many more.
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