Peer to Peer Lending News Roundup – November 3, 2012

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.

Random Thoughts – Lending Club Loans – Borrowers’ FICO Score and Bad-Loan Experience Index (Correlating credit scores with risk – no real surprises here)

Atlanta Bargain Hunter – Ways to earn more on your savings (Good to see p2p lending get a mention here)

The Economist – Shut down Cumplo (You might think p2p lending regulation is tough in this country, be thankful you are not in Chile)

Money Help for Christians – How to Get Started Investing at Lending Club (New Lending Club investor demonstrates the quick and easy way to build a portfolio)

Financial Samurai – Investing In Peer-To-Peer Lending With (Long time financial blogger provides an in depth look into his decision to invest with Prosper)

Random Thoughts – PeerCube Update – Comprehensive Details for Lending Club Loans (The new Lending Club investor tool, PeerCube, now provides even more information)

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.

Error on Folio – Looks like an update this week was causing some strange behavior on Lending Club’s trading platform

Charged Off Payments – Why some Lending Club loans are charged off despite a recent payment

Bankruptcy Notification – Notes canceled immediately on Prosper’s Folio platform because of a bankruptcy

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Nov. 4, 2012 9:13 pm

Thanks for posting this list of websites talking about investing with Lending Club. I have an account and actively invest and want to read about this investment vehicle as much as possible so I can be improving my results by applying new ideas and strategies. Over the time I have been with Lending Club I developed a strategy of selecting and watching my notes in portfolio and so far I was able to avoid default notes or even late notes. However, most of the evaluation I perform manually and now I am looking for ways how to automate it as much as possible. So thanks for the listing. I’ll check them out.