Peer to Peer Lending News Roundup – August 31, 2013

During the week I share the latest p2p lending news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here.

EBay-Style Peer Loans Spur Wall Street Asset Craze from Bloomberg – Well researched and in depth article on the history and current state of peer to peer lending.

Credit Variables Explained: Employment Tenure from Orchard – Borrowers provide the length of their employment on their loan application – is this a good predictive variable?

Avoid the Bank With Peer-To-Peer Lending from Bloomberg TV (video) – Interview with Prosper’s CEO Stephan Vermut.

The Lending Club Experiment at One Year – the Gravy Train Grows Crowded by Mr. Money Mustache – Update from this popular blogger who, like most of us, is finding it more challenging to invest.

The P2P Lending Revolution: New Opportunities For Investors And Investment Advisors from SeekingAlpha – Introductory article from this investment advisor who is based in Spain.

Facebook friends could change your credit score from CNN Money – A look at how underwriting methods are changing, in particular for small businesses and consumers outside the U.S.

Tired of Dealing With the Banks for a Loan? from Bloomberg TV (video) – Interview with Lending Club CEO Renaud Laplanche – meaning both CEOs appeared on Bloomberg TV this week.

Get a Loan Without Going to the Bank from Fox Business (video) – P2P lending was on TV a lot this week – this is Renaud Laplanche again being interviewed on Fox Business.

Here’s What You Should Know About Peer-To-Peer Lending, The Hottest New Investing Trend from Business Insider – I never actually spoke with this reporter but she included a lot of content from my site in the article.

FICO® 08 Score comes to Prosper and what it means for you from Prosper – In the next 30 days Prosper is transitioning from Experian Scorex Plus to FICO for its credit score which I believe is good news for investors.

From the Lend Academy Forum

The Lend Academy forum is where investors go to discuss p2p lending. Below are some topics that were being discussed this week.

Is even the API too “Slow”? Many Loans are Gone Before Caught by the API – Everyone wants the high yield notes on Lending Club so these are the hardest to find.

Do I have this right? – A little known fact is that many loans are added back to the platform after they are “released” by large investors.

6 loans fully paid since May – Discussion about early loan payoffs and whether they are increasing.

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