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.
The big news this week was another record month for Lending Club and Prosper, the growth just keeps coming. And the folks at Lending Club have to be doubly pleased this week. Not only did they have a record month of over $28 million in new loans issued they were also included in Forbes magazine’s list of America’s most promising companies. You can read the press release about it below. Enjoy your weekend.
Smart Peer Lending – Lending Club Loan Recommendations
Lending Club (Press Release) – Lending Club Named to Forbes’ America’s Most Promising Companies List
Medill News Service – Legislation would ease restrictions on peer-to-peer lending
Nickel Steamroller – Lending Club Declined Applications
The White Coat Investor – Peer to Peer Lending and State Residency
Technology Spectator (Australia) – Social lending’s regulatory killswitch
P2P Lending News – Prosper and Lending Club Issued $37.4 Million in Loans in November
Prosper (Press Release) – Prosper Announces Support of UK Peer-to-Peer Finance Association