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Peer to Peer Lending News Roundup – March 30, 2013

March 30, 2013 By Peter Renton 2 Comments

Views: 4

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.

Welcome to the new economy built on sharing from CBS Sunday Morning – Segment about the sharing economy with a good piece about Lending Club (starting around the 3 minute mark).

LendingClub and Prosper Tax Forms: 1099-OID, 1099-B, and 1099-MISC from My Money Blog – Information about filing your taxes for Lending Club and Prosper investments.

Government lending through Funding Circle from P2P Money Blog – The UK government has started lending £20 million to small businesses on Funding Circle.

 Lending Club vs Prosper from Lending Memo – Head to head comparison of Lending Club and Prosper for investors.

P2P Lending: A Love Story (part 1) from Lending Memo – A fun and inspiring story from a true believer in p2p lending.

Prosper boosts loan limit as new CEO reshapes operations from San Francisco Business Times – Coverage of the changes happening at Prosper.

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.

54% Chance of a 31-120 Note going current – A discussion about the likelihood of a late loan returning to current at Lending Club.

Portfolios – how do you organize them? – Different uses of Lending Club’s portfolio tool that allows you to group your notes.

Verified income – Is it important and why have the number of borrowers with verified income gone down at Lending Club?

Filed Under: Peer to Peer Lending

Views: 4

Comments

  1. Megan/faeriering says

    March 30, 2013 at 10:10 am

    Peter,

    Do you have a list of websites that have posted the writer’s actual returns over the years in LC and/or prosper?

    I’m kind of thinking that maybe consolidating all that data into a single post might be useful. (not suggesting you do it, but I might).

    Thanks!
    Megan

    Reply
    • Peter Renton says

      April 1, 2013 at 6:39 am

      Hi Megan,

      There are a number of sites where the blogger shares returns on a regular basis. I don’t have an official list but you could start here:
      https://investorjunkie.com/
      https://www.biblemoneymatters.com/
      https://www.goodfinancialcents.com/
      https://www.fivecentnickel.com/
      https://www.narrowbridge.net/
      https://www.mymoneyblog.com/
      https://www.beatingbroke.com/
      https://www.lazymanandmoney.com/
      https://sustainablelifeblog.com/

      This is by no means a complete list and some of these bloggers update very occasionally but that should help get you started.

      Reply

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LendIt Fintech News, Powered by Lend Academy, has been bringing you all the news and information about fintech and online lending since 2010 when it was founded by Peter Renton. We not only have the industry’s most active news site, but also the largest investor forum and the first and most popular podcast.

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