Roundup of Social Lending News – October 29, 2011

Every Saturday I bring you the latest news from the world of peer to peer lending. These are the best of the news articles and blog posts from around the web that I shared on Twitter this past week.

Some big changes at Prosper this week that I wrote about here (make sure you also read the comments to get the full picture). Prosper provides their own take on these changes below. And for a counterpoint to the insurgence of p2p lending read the Xintendo blog post below. It is always good to hear different perspectives. Enjoy your weekend.

Prosper blog – Using Consumer Debt to Increase Income while Reducing Risk (Guest Blog)

Prosper blog – New for Investors: Asset Allocation, Seasoned Returns and More

Notion Capital – Do we really need banks anymore?

Peerform blog – A Proven Way To Increase Your Chances of Getting a Peer-to-Peer Loan

Lending Tuber – More Loan Types vs. Returns

Xintendo – The Demise of P2P Lending and Lending Club Part 3: The Times They are a-Changing

The Fine Print – A New Regulatory Model For Retail Finance

Nickel Steamroller – Secondary Market – Warning on Sort by Yield-to-Maturity

  • 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.