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.
P2P Lending & Education: CommonBond Launches With $3.5M, Joining SoFi In Quest To Solve The Student Debt Crisis from Techcrunch – Another hybrid p2p lender launches aiming to tackle the student loan market.
Lending Club: One Year Later from SweatingTheBigStuff – Blogger reflects on what he has learned in his first year investing with Lending Club.
Will Crowdsourcing Equity Funding Platforms Take Off? Lessons from Lending Club from The Online Economy – How the new crowdsourcing equity platforms are different to p2p lending and will likely have a different outcome.
Too Many Irons in the P2P Fire & Introducing BidCopy from Prosper to Retire – Announcing a new tool for Prosper investors that allows anyone to copy other investor’s bids.
Lending Club Loan Borrower’s Earliest Credit Line and Loan Volume from Random Thoughts – Interesting analysis of investor age and loan volume using a borrower’s earliest credit line as a proxy for age.
Are Mortgages from Walmart the Future of Lending? from AOL Daily Finance – It is likely that getting a home mortgage will be very different in the future – this author presents one possibility.
Peer To Peer Lending Given Confidence Boost By The Treasury from Huffington Post UK – The UK Treasury has announced that p2p lending will be regulated in the UK starting in 2014. It is welcome news for the leading p2p lenders there.
P2P Lending Videos from LearnBonds – Four introductory lessons on p2p lending with videos.
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.
How to tell if a note for sale on folio is in Grace period? – The problem with “Processing” notes on Lending Club that go to In Grace Period.
New Feature: FolioFN Screener – On Interest Radar a new feature was implemented this week that allows screening loans from the Lending Club trading platform.
Using CC balance transfer checks as investment leverage – Discussion started by an investor seeking to borrow money from credit card balance transfers to fund p2p lending investments. I don’t condone this or recommend it but it is an interesting discussion.
Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.