Roundup of Social Lending News – July 16, 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.

This was another quiet news week as it seems like half the country is on vacation. My favorite article of the week was not even about p2p lending per se. One of the thought leaders on finance and banking, Brett King, penned a fascinating article about the disruption of retail banking on Finextra.

Finextra – The Total Disruption of Retail Banking – Part 3

ABC7News – Small business owners embrace peer-to-peer lending

Debt Free Adventure – Successful Peer to Peer Lending Investing

TheStreet.com – Lending Club Sets Record With $20 Million In Personal Loans Issued In June

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Arpan Dasgupta
Arpan Dasgupta
Aug. 22, 2011 10:55 am

Peter,

The biggest road-block for P2P lending growth is whether the intermediators can ensure true risk management – especially after the market size is large enough to catch the eye of the fraudsters, and high risky folks who are smart enough to game the system.
When true risk mgmt is in place, we should really expect the market to explode.
I am in the industry, would like to catch up if you are based out of NY by any chance.

cheers,
Arpan