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.
Loans Issued Under Previous Credit Policies from Orchard – A detailed analysis of Lending Club loans issued prior to 2011.
How to Rate the Risks of Peer-to-Peer Lending, the Newest Bubble from PBS Newshour – Doug Dachille is back with a second article claiming p2p lending is a bubble; I disagreed but at least this time they published my comment.
International P2P Lending Services – Loan Volumes December 2013 from Wiseclerk – The monthly roundup of loan volume from the major European p2p lenders.
Peer-to-peer online platform tries to muscle in on banks’ loan business from South China Morning Post – The first p2p lender in Hong Kong launches.
2013Q4: My Returns at Lending Club & Prosper – 12.88% ROI from LendingMemo – The quarterly update from Simon Cunningham on his Lending Club and Prosper investments.
Financial innovation roars back from San Francisco Business Times – The San Francisco Bay Area is now a hot bed of financial innovation.
The future of finance – as imagined by Ryanair from the New Statesman (UK) – The CEO of Zopa, Giles Andrews, writes an op-ed piece comparing the innovation in finance with the airline industry in the UK.
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.
Folio and IRAs – There is still no clarity on whether you can use Folio within an IRA account at Lending Club.
IRS wants money and fines from my LC income – This investor inadvertently didn’t report their Lending Club income on their tax return and has now received a letter from the IRS.
How Fast Can Loans Be Liquidated? – This Prosper investor has decided he/she needs the money to buy a property and wants to liquidate on Folio.