My last post here generated quite an in depth discussion among the readers of this blog. This got me thinking. Where else can people go to talk about peer to peer lending? Some companies such as CommunityLend in Canada have their own communities where you can discuss p2p lending. Zopa in the UK has an active forum with over 2,700 members, but in the US while Prosper used to have a discussion forum they closed it down several years ago and Lending Club offers no such platform.
There are two active online community forums where people can go to discuss any aspect of peer to peer lending. They are:
1. Prospers.Org – has the largest community of people interested in peer to peer lending at around 4,700 members as of this writing. It is a very active community with over 23,000 topics being discussed and more being added every day. One word of warning, though, before you go there. There are many people on this site who lost money in the early days of p2p lending and they have quite negative opinions about Prosper and to a lesser extent Lending Club. Having said that there are some incredibly smart people on the site who remain active investors and if you ignore the negative vitriol you can can learn a great deal. There are many categories on the forum, I focus on just four: General Prosper Chat, Prosper Lenders – General, General Lending Club Chat and LC Lenders. [Read more…]