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'pop-up' banks

3 replies

Fellati0Nelson · 16/01/2012 14:32

I remember about a year or so ago hearing about 'banks' being set up by co-operatives of individuals with funds to invest, so people could go to them for bank loans and get better rates than banks. It was all properly regulated and above board and seemed like a really good idea. I've googled but I cannot for the life of me remember what it was called (Zoot? Z-something? Confused)

Does this ring a bell for anyone? TIA.

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OldLadyKnowsNothing · 16/01/2012 23:56
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FellatioNelsonsDog · 17/01/2012 07:13

Yes! Thank you! I've been wracking my brains for days and googling like mad.

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OldLadyKnowsNothing · 17/01/2012 14:29

Happy to help. :) I lend through //www.kiva.org (shameless plug for a fantastic organisation) but they don't operate in the UK, so I sort of made a mental note of Zopa.

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