Every Saturday I bring you the latest news from the world of peer to peer lending. These are the best of the news articles and blog posts from around the web that I shared on Twitter this past week.
I expected the week before Christmas to be a pretty quiet one on the news front but that was simply not the case. As I mentioned yesterday, I did an interview with Fox News on Monday and the segment was aired several times on Tuesday. I link to the article (with video) below. There were plenty of other great articles this week including several interesting posts from some of my fellow p2p lending bloggers. Merry Christmas.
Utah Business – A Friend in Need: Peer-to-Peer Lending Gives New Options to Startups
Lending Club Experience – A Revelation On My Grace Period Epidemic
Prosper blog – Use a Ladder to Climb Your Way to a Better Return
Fox News – Small Business Owners Seek Loans From Peers
Boulder Daily Camera – Dave Gardner: Profitable investing with the people
BBHart.com – Hello, Lending Club
Prosper – Peer-to-Peer Lending Provides Financial Alternative for Consumers Facing Holiday Debt (press release)
The Wisdom Journal – Factors I Consider As a Lending Club Investor
Nickel Steamroller – Efficient-market Hypothesis & P2P Lending
Bible Money Matters – Lending Club Income And Taxes
Huffington Post – P2P Lending Gets Ready to Explode for Christmas
In other news has anyone noticed the LC compare returns function has disappeared?
@Charlie H
I didn’t, but now I do. Nice find.
@Charlie/@Michael, Yes, I saw it last week and considered doing a post about it but decided against it. But I have had several people email me or comment here about it so maybe I should write about it.
Just a hunch but I think lendstats was hacked…
@Shawn, Yes. I have let Ken know but haven’t heard anything. I know it was fine yesterday. I hope his site is back on again soon.
Some script kiddie just replaced all of the index.php/index.html files on the shared host.
http://www.lendstats.com/loansearch/lc/lcloanfilter.php?sdm=01&sdy=2010&edm=12&edy=2015&sho1=2&ex1=1
Still works.
@Michael, Well that is good news. I upgraded from shared hosting to a VPS a few months ago to try and avoid these kinds of issues. Sounds like it will be a relatively easy fix.
Yeah. One of the down-falls of shared hosting is that if one site on the server has a vulnerability, it can effect the others too.