ZOPA investors have funded enough car purchases to fill a traffic queue stretching from London to New Delhi, the platform claims.
The peer-to-peer lender, which reached £3bn of loans last week, has been disclosing where the funds have ended up.
Its loanbook has helped get 147,000 cars on the road, the platform revealed in a blog post on its website on Friday.
In 2015 the number of car loans funded would have gone as far as Istanbul, it said, but the number would now would reach near New Delhi.
As well as car loans, the platform said it has provided finance for 95,000 home improvement projects and has helped consolidate 129,500 debts into a more manageable form.
“In practice this means that, once they’ve been approved, our customers can trade in their expensive credit cards for a better value Zopa loan, swapping the monthly management of multiple card and loan payments for just one transaction,” Zopa said.
“So, it makes it easier for people to get debt-free and lightens the admin load on the way.”
Zopa hit the £3bn lending milestone last week just after reopening to new investors.
It said it now has more than 60,000 active investors and more than 300,000 borrowers.
Investors are lending on average £13,000 while the average loan amount is £6,000.
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