Personal loan

See your personalised loan rates in just 3 minutes. Our rates are often among the lowest out there. Checking your rates won't affect your credit score.

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Young man wearing glasses, feeling good and grinning enthusiastically

Two hands coming together in a high five between a man and a woman

We're Zopa

In 2005 we built the first ever peer-to-peer (P2P) lending company to give people access to simpler, better-value loans and investments. Since then we've helped hundreds of thousands of customers take the stress out of money by building our business on honesty, transparency and trust. In 2020, we started a new chapter in our journey, officially launching Zopa Bank alongside our P2P business. The reason for doing this was simple: to provide even more ways to empower our customers to FeelGood about money.

We've approved over £5 billion in loans.

Why choose Zopa?

See the rate you’ll actually get, with no impact to your credit score

Apply in a few minutes online – no forms or paperwork

If your loan’s approved, you’ll get the money within 2 hours

It's easy to pay extra towards your loan – and we don’t charge a fee

Our customer service is award-winning, so you know you'll get a great service as standard when you need to get in touch

What our customers think

Fantastic company to deal with
EM

Zopa was just what I wanted
Jerry Goddard

Really good
Dan Sandiford

Great company
MARY E

Based on 14972 reviews

We fight for your rights

We led the charge in seeking regulation for the peer-to-peer loans industry to make sure your needs are always put first. Today, it's regulated by the Financial Conduct Authority (FCA).

People often ask us

Yes you can.

There are a few conditions, and it has to have been at least 6 months since your last Zopa loan application.

How?

When you sign in, under 'My account' you can select the option to 'Borrow more'.

You should only borrow what you are able repay, and all Zopa loans are subject to our normal credit checks

Please remember that the total amount you can borrow is £25,000. This means if you have an outstanding balance of £5,000, you have up to £20,000 left to borrow.

Consolidating an existing loan?

Great. Simply tick the 'debt consolidation' box if you want to consolidate an existing loan. In the 'about you' section of the loan application you'll be given the option to consolidate your existing Zopa loan, and shown the amount. Don't forget to tick the 'final consolidation permission' box.

Please be aware that a settlement amount is automatically taken from your account when you take out a new loan with us. This means that the remaining balance of your loan, any fees as well as interest due are deducted from your new loan amount.

Yes you can. The day is automatically set to 30 days after your loan is approved, but you're welcome to pick a more convenient one.

To change your repayment day, please sign into your Zopa account, open up the relevant loan, and follow the steps on screen.

Things to keep in mind

You'll always need to pick a date that's at least 3 days in the future.
We aim to offer as much flexibility as we can, but some dates won't be possible because of how we process payments. If the first date you choose isn't an option, please try a couple of days before or after it.
Your next monthly repayment will increase or decrease slightly. We do this to adjust for the change in interest payable caused by the increased or decreased number of days from your original repayment day to your new repayment day. (Don't worry, it's a one-off! Your repayments will return to normal the following month.)
You won't be able to change your repayment day if: there's a repayment pending or in progress, or you've missed one or more repayments or have defaulted on your loan, or you recently made an extra repayment and haven't made a regular monthly repayment since.

Need a hand?

We're here to help. Call us on 020 7580 6060 (Monday to Thursday 9am-5.30pm and Friday 9am-5pm).

Yes, you can. To consolidate one or more existing Zopa loans.

First you'll need to log into your zopa.com account

Under 'My account' you can select the option to 'Borrow more'.

As with your original loan, the application will be subject to our normal credit checks and you can only borrow up to the maximum loan allowance out of £25,000.

For example: If you borrowed £5,000, you have up to £20,000 left to borrow.

Please be aware that a settlement amount is automatically taken from your account when you take out a new loan with us. This means that the remaining balance of your loan, any fees, as well as interest due are deducted from your new loan amount.

For example: If your remaining Zopa loan balance was £1,000 and you applied for a new £3,000 Zopa loan. Let's say your fees and interest amount to £20. The remaining balance of your original loan (£1,000), as well as any fees and interest payable (£20) will be deduced before you are credited with the remaining disbursal amount.

Using the above example, this would mean your loan disbursal amount is £1,980.

Yes you can. As many as you like, with no penalty fees.

To pay extra online or via the app: please sign into your Zopa account, open up the relevant loan, and follow the steps on screen. We'll take the money through your Direct Debit.

To pay extra over the phone: call us on 020 7580 6060 (Monday to Thursday 9am-5.30pm and Friday 9am-5pm) and we'd be happy to walk you through it. You can choose to pay by Debit Card or via your Direct Debit.