Peer to Peer Lending News Roundup – December 28, 2013

During the week I share the latest p2p lending news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here.

Being Christmas week I expected there would be little news or articles of consequence this week. I was wrong. Some very interesting articles below.

A New Perk for Google Employees? It Could Be Low-Interest Personal Loans from AllThingsD – Rumor has it that Lending Club is working with some big corporations to provide low interest loans to employees.

Diversification of Online Lending Portfolios: Prosper from Orchard – Something I have been saying for years and now there is statistical evidence. Ideally, investors should have 200 notes for a diversified p2p lending portfolio.

P2P lending: What’s to worry? from CNNMoney – Former FDIC Chairman, Sheila Bair, provides her perspective on the current state of p2p lending.

Play banker to your peers from CNNMoney – A second article from the December issue of Money magazine, this one is mostly well-researched bringing the idea of p2p lending to the investing masses.

Is Peer-to-Peer Lending the Key to a Strong Economy? from Mint – While p2p lending is still way too small to have any impact on the overall economy but the point is taken that a strong lending environment is good for the economy.

The Prosper Vs. Lending Club Experiment from Good Financial Cents – Popular blogger and certified financial planner, Jeff Rose, gets more serious about p2p lending.

Peer-to-peer lending will tap $10 trillion unused capital: CommonBond fireside chat from Technically Brooklyn – Prosper’s Ron Suber dropped by CommonBond’s offices in Brooklyn for a chat about p2p lending.

From the Lend Academy Forum

The Lend Academy forum is where investors go to discuss p2p lending. Below are some topics that were being discussed this week.

E-Grade at 6%? – This discussion comes up from time to time – active duty members of the military get a substantial interest break on their loan.

Five Year of the Fed’s Zero Interest Rate Policy with Winners and Losers – there is no question that the super low interest rates have had a positive impact on Lending Club and Prosper.

New Front Page Pie Graph? – More discussion about debt consolidation loans for Lending Club borrowers.

  • Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

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