Every Saturday I bring you the latest news from the world of peer to peer lending. These are the best of the news articles and blog posts from around the web that I shared on Twitter this past week.
Well it was quite a big week for peer to peer lending coverage. We had the big story of John Mack joining the Lending Club board that was covered by just about every business publication in the country – I just shared two articles below (from CNNMoney and Businessweek) of the more than 50 that showed up in my Google Reader about this story.
Also this weekend the Wall Street Journal has a big feature article on peer to peer lending in the weekend edition of their newspaper. It is one of the best articles I have read in a long time, it provided plenty of information I didn’t know. It also features comments from our friend Ken over at Lendstats who as usual is right on the money. Enjoy your weekend.
Wall Street Journal – Would You Lend Money to These People?
The Independent (UK) – Money Insider: Peer-to-peer lending shows some longevity
SweatingTheBigStuff – Lending Club Returns at 13.71% in April 2012
CNNMoney – Mack is back: Wall Street’s new agitator
Businessweek – Lending Club names John Mack to board
Pinch That Penny – Lending Club Update – April 2012
Stltoday.com – ‘Social lending’ firm must refund investors
Myintroducer.com (UK) – RateSetter.com enjoys 100% growth in 6 months
Dun & Bradstreet – Is Peer-to-Peer Business Lending a Viable Financing Option?
MSN Money UK – Encash: a new rival for Zopa, RateSetter and Funding Circle
Data Science Hacking – Lending Club Loan Analysis: Making Money with Logistic Regression
Cult of Money – A late payment scare, P2P update