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.
There is a lot of news and innovation coming out of the UK p2p lending marketplace these days . What Investment discusses what they call a peer to peer bond at Thincats, which isn’t really peer to peer, it is more business to business, but the concept is interesting and could be applied to a p2p lending platform. I also want to point out the Prosper blog post officially announcing their IRA. I covered the launch of the Prosper IRA a few weeks ago but since then Prosper has reduced the minimums – you can now open an IRA there with just $5,000 and pay no fees, which is the same deal as Lending Club. Enjoy your weekend.
What Investment (UK) – ThinCats and Innvotec launch peer-to-peer bond
Myintroducer.com (UK) – Nearly half of Zopa loans repaid early – all free of any penalties
Nickel Steamroller – Featured Filter: Revolving Credit Balance
The Economist – On the side of the angels
Smart Peer Lending – INFORMATION ON LENDING CLUB STATS