Peer to Peer Lending News Roundup – September 13, 2014

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.

The Economic Health of a Borrower’s City Affects Loan Performance from Orchard – A guest post by a family office investor about how he decides which loans to invest in on Lending Club and Prosper.

Former BlackRock Executive Shifts to P2P Investor Blue Elephant from Crowdfund Insider – From the world’s largest asset manager to a p2p lending hedge fund.

LendingClub: Are Peer to Peer Loans Worth an Investment? from The Motley Fool – This analyst looks at the pros and cons of investing in the common stock of Lending Club.

Peer-to-peer lenders step into vacuum left by banks from TribLive – A look at peer to peer lending in western Pennsylvania and the impact it had on one borrower.

The Tithing of Credit Cards by James Alexander on LinkedIn – How p2p lending is impacting the credit card industry.

Fitch: Lending Club IPO to Be a Milestone in P2P Evolution (press release) – Fitch Ratings weighs in on the Lending Club IPO: “the P2P industry overall would benefit from a successful Lending Club IPO”.

Why the Lending Club IPO matters from London Business School – One of the most thoughtful articles I have read about the Lending Club IPO.

Prosper Investor Review: Earn 5-10% in Peer to Peer Lending from LendingMemo – Detailed review of Prosper with step by step instructions on how to invest.

International P2P Lending Services – Loan Volumes August 2014 from Wiseclerk – The monthly loan origination numbers from the major European platforms.

Why Your Neighbor May Soon Be Your Bank from The Fiscal Times – An introductory look at Lending Club and p2p lending.

UK peer-to-peer lending reaches £2bn from the Financial Times – Another major milestone crossed by the UK p2p lenders this past week.

Why the UK Peer-to-Peer Loan Market Has Doubled in Size in Just Six Months from International Business Times – The UK p2p lending market has been on a tear lately – here’s why.

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.

New to LC – Need advice on deploying 250k – Active discussion from members about deploying a large amount on Lending Club.

Filtering by Income to Payments – One new investor is focused on a key ratio for borrowers.

FICO score across LendingClub grades – FICO score is one of many variables used to determine credit grade at Lending Club.

  • 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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