Is anyone a lender on Zopa?

[Merlot]

I've been reading a lot about this today - http://uk.zopa.com

Love the idea behind it, and the fact that you can lend as little or as much as you like to an individual or group of individuals as a consortium of people, but using the presence of Zopa to credit check applicants first and deal with the administration.

I have a fair chunk of spare cash each month which I'm saving, I tend to prefer a no risk environment for my savings but am prepared to put some money into small/medium risk and happy to tuck it away for medium term.

I'd really like to hear from anyone who lends on Zopa be it small amounts or much larger amounts.

[Sideways Rich]

I'm keen to see the responses to this also, as its something I've thought about

[LivinLaVidaLotus]

Thing you have to remember, it takes a long time to get all of your money out if you need it Although they are supposed to be working on the trading of loans.

[Merlot]

LivinLaVidaLotus said:

Thing you have to remember, it takes a long time to get all of your money out if you need it Although they are supposed to be working on the trading of loans.

Thats fine, its money I can afford to tie up for a few years / make a loss on if I get bad debts.

I'm not talking thousands, maybe £20 to £50 a month to start with.