Check out this site
www.zopa.com. It has been developed by the team that set up Egg.com and is regulated by the FSA -
finanacial services authority.
In
summary it allows you to lend money at a rate you set. You can be as
strict or relaxed about who borrows from you. Also you can be a
borrower as well. The great thing is that Zopa handles the
credit checking side of things and the money you lend is spread across different borrowers, thus further reducing the risk!
www.zopa.com
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