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.
I hope everyone had an enjoyable Thanksgiving holiday. As you can see it was a pretty quiet news week.
The 10 Best Low Risk Investments for High Return from Good Financial Cents – By Certified Financial Planner Jeff Rose, peer to peer lending squeaks on to this list as #10.
The Fed’s near-zero interest rates punish savers from Covestor – According to the Fed there is $8 trillion in household savings, the vast majority of this money is earning close to 0%.
Viewpoint: The end of high street banking as we know it from BBC Business – The more than 500-year-old banking business model is going to be turned on its head in the next five years.
P2P LENDING VS P2BINVESTING from P2B Investor – A comparison of the p2p lending model with their peer to business lending model.
From the Lend Academy Forum
The Lend Academy forum was as busy as ever this week. Here are some of the topics that were being discussed.
“Amount Funded By Investors” versus “Total Amount Funded” – These are two different fields on the Lending Club download file and this discussion clarifies the differences between them.
Loss Mitigation Strategies – How Folio investors on Lending Club try to minimize losses on the secondary market.
Taxes on notes? – A Prosper investor wonders about paying taxes on their p2p lending investment.