referral

Interest Free Loan

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The borrower who receives the 10,000th loan from Zopa UK will be lucky – it will be an interest free loan.

Furthermore Zopa has a referral promotion in July. Zopa pays 100 GBP (approx. 165 US$) to members that refer a borrower who successfully gets a loan in July.

Fynanz lending bonus

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Fynanz announced a lending bonus.

We're excited to announce that we're giving you and other lenders who lend $3,000 or more, a 3% Lending Bonus. That's on top of the great rates that you're already earning as a lender through the Fynanz Student Loan Marketplace …

Lending Bonus is earned on the aggregate amount you lend across all the loans you make, provided you have lent at least $3,000 in loans between May 15th and September 15, 2008 up to a maximum of $50,000 in aggregate loans

Lenders can earn an additional 2%, if they refer at least 5 new lenders, which each lend 50 US$ minimum.

In a recent "Tips for Borrowers" post, Fynanz says it added 700 more approved schools whose students may apply for a Fynanz loan.