Social lending: Zopa launches two- and four-year loans

Zopa is the largest social lending community, having helped match around £200m since launch in the mid-noughties.And it’s expanded its range to include two-and four-year loans, complementing the three-and five-year loans it already offered.

Borrowers taking out two-year deals through Zopa are typically enjoying even cheaper rates than three-year ones.

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