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posted by Jason Kottke  ·  gift link

Zopa removes (most of) the middlemen in

Zopa removes (most of) the middlemen in the lending/borrowing scheme; no more going through banks or credit card companies. Company takes 1% up front from the borrowers. UK-only for now. Fantastic idea…I’m in favor of anything that introduces a little competition into the collusive world of banking and credit cards.