Peer to Peer Lending and Private Lending Info
The Most Actionable Peer-to-Peer & private money lending news from around the world all in one place.
When it comes to debt relief you should know that you have several options available. Having a debt is one of the worst situations someone could face, so you need to act quickly and do everything you can in order to settle your debt. Going through the debt settlement alone is hard, but luckily there […]
Many students are worried that new President-elect Donald Trump wants to ban Federal Student Loans, while at the same time, many investors are planning on cashing in on an opportunity. Since the election of Donald Trump as the next President of the U.S., stock values have shot up for companies in the education space. So […]
The Free Application for Federal Student Aid form, commonly referred to as FAFSA is a form that will determine the eligibility of students who seek financial aid for college. In order to apply for FAFSA you should visit the U.S. Department of Education’s website, or contact them by phone. It is recommended to apply early as many of […]
Are you looking to refinance student loans? If so, you will be very happy to hear about two businesses that are aiming to make that happen for you. Your efforts to refinance student loans will now be much more effective. A couple of weeks ago NerdWallet announced it has partnered with Credible to help college graduates take […]
It's totally frustrating trying to figure out how to get a loan with no credit. It feels like everybody else was BORN with credit and you somehow got left off the list. Many lenders don't want to be your first loan and the great rates offered by peer-to-peer lending sites aren't yet in your reach […]
The numbers are staggering. Unfortunately the numbers we're referring to are the figures associated with the massive amount of student loan debt that Americans are burdened with. Because of this, the need for student loan refinancing is HUGE these days. According to the Federal Reserve, outstanding student debt in the U.S. surpasses $1.3 trillion. Nearly 40 […]
If you are keen of financial technology you have likely heard of LendKey. If you have not, you may be missing a great opportunity to refinance student loans, get quick student loan consolidation and so much more. LendKey is an innovative online lending platform that connects borrowers with local banks and credit unions to refinance student […]
So many young people are worried about how to pay back student loans. You might or might not be aware of this, but really, about 3/4 of college kids leave school with a significant amount of student loan debt. Because of that, worrying about how to pay back student loans is a very common thing for […]
This peer-to-peer lending sites review is long overdue. Why? Well, it's simple. Now that the general public is coming to understand that there is a new financing option available in the form of peer-to-peer loans, the next question becomes "Who are the best peer-to-peer lending sites?" Well that is the question that The Lending Mag […]
If you're reading this article, it's probably because you're wondering, "What is peer-to-peer lending and how does it work?" Well, we're going to explain exactly what it is for you in an easy to understand way as well as provide a great infographic to help illustrate some of the major points. With traditional banks denying loans to small […]
From www.huffingtonpost.com - The rise of financial technology (fintech) companies is undeniable and student loan refinancing online is increasing. In 2014, Lending Club and OnDeck went public, and over 500 fintech startups attracted private financing. In the student loan refinancing market, there has been a rapid expansion of lenders participating in the market over the […]
From www.forbes.com - I just read two articles about microfinance that surprised me. One pointed out how convenient and competitive the online peer-to-peer lending sites had become. The second pointed out the low loss ratio at these lending sites. In essence, the article said that “loans at Kiva are repaid at a rate of 98.75 […]
From www.nytimes.com - When bankers of the future decide whether to make a loan, they may look to see if potential customers use only capital letters when filling out forms, or at the amount of time they spend online reading terms and conditions — and not so much at credit history. These signals about behavior […]
From www.pmifunds.com - Prime Meridian Capital Management, specializing in online peer-to-peer lending, launched its new fund, Prime Meridian Small Business Lending Fund on 7/1/14, giving investors the opportunity to invest in the growing sector of peer-to-peer business lending. Prime Meridian’s Income Fund was one of the first P2P lending funds in the United States, with […]
From www.vator.tv - With two lending startups, Lending Club and OnDeck Capital, both going public last year, it seems kind of obvious that the space is starting to mature. Another sign is how much funding the category was able to rise in 2014. So much, in fact, that it was the most ever for the […]
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 […]
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. […]
From www.blog.lendit.co - Recently I heard a “soft rock” version of Nirvana’s Smells Like Teen Spirit. As shocking as that was, it got me thinking a bit about how over time “alternative” things go mainstream. In the banking context, peer-to-peer or non-bank lenders are still “alternative” and they still represent a very small part of […]
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 […]
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 […]
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 […]
