P2P Money Blog

 Zopa's new products, which we recently reported, are now live.  If lenders wish to use Zopa Access or Zopa Plus then they need to log-in to their account and update their relending preferences.

Here is the announcement from Zopa:

We are delighted to tell you that our three new lender products are now ready and waiting for you to use!

Simply log into My Zopa to see the new look lending pages. You now have the option to lend in the three new products: Zopa Access, Zopa Classic and Zopa Plus.

When you lend your money your capital is at risk and is not protected by the FSCS.  Our risk statement has all the details.

If you have re-lending turned on then your monthly repayments will now automatically be recycled into Zopa Classic. If you want to begin lending in Zopa Access or Zopa Plus, simply update your funding preference to that product. You can either deposit new money into those products (remember you need at least £1,000 to start lending in Zopa Plus) or turn re-lending off and move your repayments over to your chosen product as they come in to your holding account.

Our award winning customer services team is on hand to support you with any queries you might have about getting started with the new lender products. You can also provide feedback on what you do and don't like about the new products by contacting our product team.

We look forward to hearing what you think!