That's helpful, thanks. Don't like the listing loans, all seems potentially
fraught, and very marginal. There seems a strong possibilty that lenders will
not ask the right questions, and hence increase their risk.

Totally agree on a balanced approach. Small amounts are good, average seems
good at £3k, but some seem to have lots more, which seems to be too much in one
place. I think I will add slowly, and see how it goes.

Nigel.

--- In Zopa_talk@yahoogroups.com, Badger <pete.mills@...> wrote:
>
> Hey Nigel,
>
> Indeed, this was set up as a back-up for ZopaTalk. A few old hands reside over
here - welcome along! Some of us were 'bitten' with the onset of the recent
credit crunch with more defaults than we would have liked. We also discovered
that the tax treatment of bad debt meant that higher rate taxpayers in
particular may do better with their money in a piggy bank. I learnt a lot during
my time lending which has stood me in good stead and hope to be in profit when
my final loans are repaid.
>
> Keep away from 'C' (maybe 'B' too) and listing loans and you should be fine
IMHO! This is only a home for some of your money and should not be regarded as a
'savings' plan.
>
> Enjoy!
>
> Cheers,
>
> Badger
>
> --- On Sun, 12/6/11, NIGEL <nigel.rees9@...> wrote:
>
> From: NIGEL <nigel.rees9@...>
> Subject: [Zopa_talk] New to Zopa
> To: Zopa_talk@yahoogroups.com
> Date: Sunday, 12 June, 2011, 19:15
>
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> Hi,
>
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> New to Zopa as a lender, and discovered this Group through that site.
Activity seems low, do you use this as a back up, or general chat outside zopa.
>
>
>
> On a related matter, is it correct to conclude that all members here are very
supportive of Zopa, and find that it does what they want?
>
>
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> Nigel.
>