Debt consolidation loans

Are you paying too much for an existing loan or credit cards?

A Zopa loan could help you move your debts into one manageable monthly payment – and save you £100s in interest.

Find out how much you could save with our debt consolidation calculator. We offer award-winning loans from £1,000 and £25,000 over 1 to 5 years.

Already set to start saving? Check your rate in just a few minutes. This won’t impact your credit score.

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If you consolidated £10,000 of debt:

Credit card £6,000 at 17.5%
Overdraft £1,000 at 16.9%
Loan £3,000 at 10.0%

£14,356 total cost before

£12,594 total cost with a 9.9% Zopa loan


You'd save £1,762 on interest

Representative example

A loan of £7,500 over 5 years will cost you £157.43 per month at a representative 9.9% APR.

The total cost after 5 years is £9,445, which includes £1,765.85 interest at 8.8% fixed and a £180 fee. The total amount of credit is £7,680.

The rate and fee you are offered will depend on your individual circumstances

Debt consolidation calculator - see what you could save

Simply enter the debt you’d like to consolidate to see how much you could save in interest. This is what you’ll pay off with your Zopa loan. If you’re planning to consolidate more than one payment, start with the highest APRs first.

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Why choose a debt consolidation with Zopa

  • Low rates
  • Borrow between £1,000 and £25,000
  • Loans over 1 to 5 years
  • Repay your Zopa loan early at any time with no fees or penalties
  • Voted Most Trusted Loan Provider

What the press says

“Zopa is the pioneer of peer-to-peer lending, which uses the internet to cut out the banks entirely. It matches savers with individuals who want to borrow, leaving out the bank and offering better rates all round.” — The Guardian

Who can get a Zopa loan?

Thousands of people up and down the UK are putting plans into action with a Zopa loan.

We look at a few things when we decide if Zopa is right for you. Here's what to check before you apply:

  • You’ll need to confirm your identity
  • Be at least 20 years old
  • Have credit history that we can see
  • Have a good track record of repaying debt
  • Be a current UK resident
  • Have 3 years of address history in the UK
  • Be employed, self-employed or retired with a pension
  • Have an income of at least £12,000 per year (before tax)
  • Be able to afford the loan

Please note, we can't offer joint applications or guarantor loans.

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What our customers say

“I tried a few high street providers but couldn't get a loan at an acceptable rate, so did a search online and found Zopa. To get a loan from you Zopa could not have been simpler. The application was quick and simple and the service was great.”

Louise (Bristol)

How do I apply?

1. Choose how much you want to borrow and for how long

We offer loans from £1,000 - £25,000 over 1 to 5 years.

2. See your tailored rates in 3 minutes

Just fill in our simple form to tell us a few details about you and your financial situation. It’s free, no obligation, and won’t impact your credit score. See your tailored rates.

3. Apply for the loan online and we’ll give you a decision within 2 working days

It’s quick and simple – no fuss, no paperwork through the post.

If approved the money will be with you within 3 working days. (In a hurry? You can always choose our Fast Track option.)

Apply for a loan now

Got a question?

Email: contactus@zopa.com

Telephone: 020 7580 6060

We can't take applications over the phone. UK residents only. Calls may be monitored or recorded.