Roundup of Social Lending News – May 28, 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. Have a great weekend.

Mint.com – Should You Take the Plunge into Lending Club?

Lending Club  – White paper with commentary on the equity markets (PDF)

Zopa – Savers shunned by banks when looking for inflation-beating solutions for their savings (press release)

P2P Lending News – Lending Club PRIME: An Automated Way to Invest in Peer-to-Peer Lending

The Independent (UK) – Social lending: Get better returns and help small firms

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Matthew Paulson (P2P Lending News)
May. 29, 2011 9:06 am

As always, Thanks for the mention!

Dan B
Dan B
May. 29, 2011 8:42 pm

Zopa’s UK default rate since its inception 6 yrs ago is 0.8% ?? That’s just outstanding.

Dan B
Dan B
May. 31, 2011 10:17 am

I’m also guessing that all loans are made to what is equivalent to A/A- rated borrowers in the US. Still that’s a very impressive number.

A bit off topic but I don’t think that most of us fully appreciate what a unique interest rare environment we’ve been in these last few years where individuals can get unsecured personal loans for 5-6%.