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Peer to Peer Lending News Roundup – October 12, 2013

October 12, 2013 By Peter Renton Leave a Comment

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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.

Repayment Behavior Analysis for Prosper and Lending Club from Orchard – When loans get paid in full, breaking down the differences between years and credit grades.

Peer-to-Peer Lending Fills in the Gaps Traditional Banks Leave Behind from ThomasNet – Introductory article that summarizes many of the recent developments.

Sell Treasuries, buy … solar, like Buffett? from CNBC – Mosaic’s clean energy projects as a potential fixed income alternative for investors.

Major Growth at Prosper from Orchard – October has started out with some very strong growth at Prosper.

SBA Shuts Down, but Real Small Businesses Aren’t Benefiting Anyways from Huffington Post – Article by Brendan Ross on why small business lending is still down from pre-financial crisis levels.

Momentum Continues with 7th Consecutive Record Month, New Partners, Product Innovations, and More from Prosper – The monthly letter from Prosper president Aaron Vermut.

8 Convincing Ways That Prosper & Lending Club are Good Investments from LendingMemo – How to convince your friends that p2p lending really is a good investment.

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.

Accrued interest no longer reported in Account Total – Lending Club continues to make small adjustments to their website. This one removes accrued interest from the main account screen (a go0d move in my opinion).

LC to Michigan – This investor wonders when Lending Club will open in Michigan…and is greeted by many Folio-only investors extolling the virtues of investing by the trading platform.

Constant Prepayment Rate (CPR) – I continue to learn more about p2p lending and finance in general by reading threads like these. I had never heard of Constant Prepayment Rate until now.

Filed Under: Peer to Peer Lending

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ABOUT LENDIT FINTECH NEWS

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.

We are a team of fintech enthusiasts who have been covering the industry for many years. With a deep knowledge of online lending, digital banking, blockchain, artificial intelligence and more our team covers the daily news and writes in-depth editorials.

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