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Roundup of Social Lending News – December 24, 2011

by Peter Renton on December 24, 2011

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.

I expected the week before Christmas to be a pretty quiet one on the news front but that was simply not the case. As I mentioned yesterday, I did an interview with Fox News on Monday and the segment was aired several times on Tuesday. I link to the article (with video) below. There were plenty of other great articles this week including several interesting posts from some of my fellow p2p lending bloggers. Merry Christmas.

Utah Business – A Friend in Need: Peer-to-Peer Lending Gives New Options to Startups

Lending Club Experience – A Revelation On My Grace Period Epidemic

Prosper blog – Use a Ladder to Climb Your Way to a Better Return

Fox News – Small Business Owners Seek Loans From Peers

Boulder Daily Camera – Dave Gardner: Profitable investing with the people

BBHart.com – Hello, Lending Club

Prosper – Peer-to-Peer Lending Provides Financial Alternative for Consumers Facing Holiday Debt (press release)

The Wisdom Journal – Factors I Consider As a Lending Club Investor

Nickel Steamroller – Efficient-market Hypothesis & P2P Lending

Bible Money Matters – Lending Club Income And Taxes

Huffington Post – P2P Lending Gets Ready to Explode for Christmas

{ 8 comments… read them below or add one }

Charlie h December 26, 2011 at 11:59 am

In other news has anyone noticed the LC compare returns function has disappeared?

Reply

Michael Phillips December 26, 2011 at 12:17 pm

@Charlie H
I didn’t, but now I do. Nice find.

Reply

Peter Renton December 26, 2011 at 7:14 pm

@Charlie/@Michael, Yes, I saw it last week and considered doing a post about it but decided against it. But I have had several people email me or comment here about it so maybe I should write about it.

Reply

Shawn December 28, 2011 at 8:11 am

Just a hunch but I think lendstats was hacked…

Reply

Peter Renton December 28, 2011 at 8:49 am

@Shawn, Yes. I have let Ken know but haven’t heard anything. I know it was fine yesterday. I hope his site is back on again soon.

Reply

Michael December 28, 2011 at 9:22 am

Some script kiddie just replaced all of the index.php/index.html files on the shared host.

http://www.lendstats.com/loansearch/lc/lcloanfilter.php?sdm=01&sdy=2010&edm=12&edy=2015&sho1=2&ex1=1

Still works.

Reply

Peter Renton December 28, 2011 at 9:38 am

@Michael, Well that is good news. I upgraded from shared hosting to a VPS a few months ago to try and avoid these kinds of issues. Sounds like it will be a relatively easy fix.

Reply

Matthew Paulson December 28, 2011 at 10:17 am

Yeah. One of the down-falls of shared hosting is that if one site on the server has a vulnerability, it can effect the others too.

Reply

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