Startups Embracing P2P Small Business Unsecured Loans

From www.fortune.com - Earlier this month, the momentum behind the online lending industry was in full view at LendIt—an industry gathering that didn’t exist four years ago, but grew from about 700 attendees last year to more than 2,500 this year. What was clear is that it’s no longer a question of whether these disruptors […]

Predatory Student Loans: Victims Fight Back & Walk Out On Their Debt [Video]

Student loan debt is crippling the future of countless young people in America, there is more than 12 trillion dollars owed in student debt at this time. Many students never even finish their schooling, only to head off into their disappointing career life saddled with crushing debt. Well, some have refused to accept this fate. […]

Stock Market VS Peer-to-Peer Lending Investments

To buy stock, or not to buy stock.... That is the question. I think William Shakespeare...... Probably has nothing to do with that quote. Anyway. It's not always easy to find out which investment opportunities are the best. Which ones fit your personality-type and financial situation the best. But it will help if you know […]

Peer-to-Peer Lending Is Alive & Stronger Than Ever

  From www.huffingtonpost.com - A short while ago, I pronounced P2P lending dead. Annihilated. Massacred by Wall Street bankers. Choked by a Black Rock. Then, I heard from Dara Albright, co-founder of LendIt, the largest peer-to-peer lending conference in the world. She said she had found a pulse. I didn't believe her. I put my […]

LendIt USA Conference 2015 Video

The Lendit USA conference was a huge success, boasting over 2000 attendees. The video below has over 4 hours of eye-opening interviews that highlight the bright future of P2P lending in the U.S. and abroad. There were a ton of featured speakers from various Peer-to-Peer lending platforms, including: Renaud Laplanche (Founder & CEO of LendingClub), […]

LendingRobot Gives Retail Investors A Fighting Chance For The Best Loans

From www.techcrunch.com - The problem that LendingRobot has set out to solve is an interesting one, and shines a little light on the way P2P lending has already matured. Using what it calls “high-speed automation software and machine-learning algorithms”, the service helps investors automate the lending process, based on pre-selected criteria, so that LendingRobot is […]

Expert Panel of Peer-to-Peer Lending Pros Reveal Best 3 Investing Tips

From www.TheLendingMag.com - Think you need to know everything about peer-to-peer lending in order to invest successfully and earn great returns? You don't. THIRTY peer-to-peer lending experts share their best 3 investing tips in this special edition article below. You will learn from the best minds in the finance and P2P industry about the actions they see as absolutely critical for successful investments. P2P lending […]

How P2P Lending Could Shake Traditional Consumer Lending To Its Core

From www.badcredit.org - What’s attributing to this business model’s success and popularity? Investors have been able to turn a profit from debt-related investments like asset-backed securities and bonds for decades and borrowers have had access to personal loans and credit for even longer. So why P2P? The answer may lie in disintermediation, or the removal […]

Prosper MarketPlace #61 On Forbes "America's Most Promising Companies" List

From www.forbes.com - Prosper Marketplace is a peer-to-peer lending platform that connects borrowers and investors, with over $ 2 billion in loan origination. CEO Aaron Vermut joined the company in early 2013 along with the investment from Sequoia Capital. More than 90% of the company’s employees invest in the platform. In 2015, the company will […]

Prosper Marketplace Appears Ready For Its IPO In 2015

From www.valuewalk.com - Peer-to-peer lending company Prosper Marketplace president Ron Suber and CFO Macy Lee did an interview with btigresearch.com analysts Mark Palmer and Giuliano Bologna this week, and it’s clear that the two execs are already laying the foundation for their IPO, expected later this year. “People underestimate what it takes to do this,” […]

5 Benefits For Borrowers Who Choose P2P Loans

From www.huffingtonpost.com - This personal loan platform connects investors in search of returns that are higher than banks are paying with borrowers seeking loans of $1,000 to $35,000. Interest rates are set based on the borrower's credit score and investors have the option to choose the risk level they're willing to take. And rather than […]

Bankers Create MyBestEgg.com To Compete In Booming Alternate Lending Market

From www.bloomberg.com - (Bloomberg) -- It took LendingClub Corp. five years to arrange $200 million of consumer loans in a quarter. A group of former Barclays Plc bankers just reached the milestone in 10 months. Marlette Funding LLC, started by ex-employees from a Barclays credit-card unit, said in a statement that it arranged more than […]

Prosper Acquires American Healthfund Lending - Will Offer P2P Medical Loans For Elective Surgeries

From www.blogs.wsj.com/moneybeat - Peer-to-peer lender Prosper Funding LLC is hoping to continue its makeover, this time with a little plastic surgery. Prosper, one of the largest online marketplace for matching borrowers and lenders, is acquiring American Healthcare Lending, which makes software for doctors and hospitals to offer loans for medical procedures, for $21 million, the […]

Former Deputy Director of the U.S. Consumer Financial Protection Bureau Starts Lending Company

From www.vox.com - When it comes to places Americans can get a loan, there are the big banks and the government on one end of the spectrum and payday lenders at the other end. Plenty of people could use loans somewhere in the middle, and Raj Date wants to serve them. After spending time on […]

Major Banks Remain Standoffish Towards Involvement With P2P Lending

From www.americanbanker.com - Banks remain noticeably few and far between in the booming field of online marketplace lending. The two largest U.S. platforms in this budding industry, Lending Club and Prosper, facilitated a combined $2.4 billion in loans in 2013, nearly triple the 2012 figure. Some investors are expecting explosive growth in the sector to […]

Learn To Filter Through Peer-to-Peer Loans For Higher Returns

From www.lendingmemo.com - This is the essence of filtering peer to peer loans. We filter by (1) examining the historical loan data for credit variables that perform above average, and (2) invest in notes that match that criteria. Furthermore, we don’t even have to do all the grunt work of compiling all the historical loan […]

How I Made $9,072 in Interest With Prosper Lending

From www.peerloansonline.com - I can still remember when I discovered Prosper and Peer to Peer lending. Sitting at my in-laws house, I was looking through “Money” magazine and saw the caption, “Make 15% interest by becoming your own bank.” Having unsuccessfully dabbled in the stock market where I was certain that Satellite Radio was going […]

Banks Getting Knocked Off Balance By Surge Of P2P Lending's Popularity

From www.smh.com.au - If you think it sounds like a pretty good deal, you are not alone. Borrowers and savers in the United States and Britain have been flocking to P2P platforms, which are able to offer more competitive rates by cutting out the costs banks create as middlemen. Equity investors are getting pretty excited, […]

No Banks Needed: How P2P Lending Is Turning The Business of Loans Into Something Personal

From www.edition.cnn.com - "You can get actually a better deal by looking at people around you, looking at your community," says Soul Htite, the founder and CEO at Dianrong, a peer-to-peer lending company based in Shanghai. Acting as a broker between lenders and borrowers, peer-to-peer lenders say they can offer a better rate to both […]

Is P2P Lending Worth It's Weight In Gold?

From www.investorschronicle.co.uk - The P2P industry has benefited from the anti-bank sentiment - stirred up by a slew of government bailouts and years of rock-bottom interest rates that have turned investors off traditional savings accounts. And the model carries distinct advantages: providers avoid the costs of a traditional bank branch network and aren't liable if […]

7 Rules For Lending & Loaning From P2P Platforms

From www.consumerreports.org - Since 2009, bankers have stopped paying any meaningful interest on deposits, they rarely lend to small businesses and when they do lend, it can be at rates in excess of 10 percent, even to borrowers with excellent credit. (The current annual percentage rate for low-interest credit cards is 10.4 percent, on average, according […]