Zopa loans

[crazy about cars]

Anyone here have recent experience with loans from Zopa? I was shopping around and found the rates so much more competitive compared to the current loan offered by my bank.

One thing I am a little confused are the stages. I initially thought I was filling the details for a quotation and am awaiting the outcome of the quotation before progressing to an application. However after filling in the details I've got an account and it seems that I'm actually on the application stage?

The screen says "This screen shows the money you have been matched to borrow from other Zopa users". Does this mean a full credit check will be undertaken on Tuesday and money transferred assuming I get accepted?