Roundup of Social Lending News – November 19, 2011

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.

Not a whole lot to report on this week as far as news goes. But the Reuters blog post below is definitely worth reading. It was written by Don Tapscott, the renowned Canadian author and academic, and he takes a look at the where p2p lending is now and where it may be headed. Have a great weekend.

Reuters | The Great Debate – Cutting out the banker middleman

Lending Club Experience – Four Months and Seven Deadbeats

Xintendo – The Important Things I Learned from Investing in P2P Lending

Peerform blog – Could Peer-to-Peer Small Business Loans Be The Newest Driver in Job Creation?

CityWire Money (UK) – Peer-to-peer lending: a replacement for banks?

Riches Corner – My Lending Club Investment Performance

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Nov. 21, 2011 11:47 am

Thanks for posting my Seven Deadbeats post. I think anyone looking at my earlier posts without looking at this one is not getting the whole story. My luck has run out and now I get to handle dealing with Late loans. This is where the real fun begins.


Nov. 21, 2011 1:16 pm

I wonder who has the most number of loans without any lates or defaults out there…

Charlie H
Charlie H
Nov. 21, 2011 2:09 pm

If you sell the notes then they go into grace it will look like you have no lates or defaults…. The NAV does not take into account Foli trades.

Nov. 22, 2011 6:35 am

Hi Peter,
Thanks for posting my post about my lending club investment performance. I hope my experience provides a good overview for the readers about the investment potential of social lending. I’ll keep updating my performance as I add more loans to my portfolio. I’d like to see how everything keeps up as I get closer to investing a significant number of loans.