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.
Despite the UK being somewhat absorbed by the Olympic Games there were many articles from across the pond this week about p2p lending. But probably the most important article of the week came yesterday from New York Times financial columnist Ron Lieber. He has expressed concern in the past about p2p lending and while this article was about investing in general you can see that he is coming around to a more positive view of p2p lending. Enjoy your weekend.
NY Times – A Financial Plan for the Truly Fed Up
All Things Finance – Generate Income Through Peer-to-Peer Lending
Prosper – A Prosper.com spotlight: How Leonard paid down his credit cards for good
Bible Money Matters – Lending Club Returns At 12.02%: Lending Club Has Issued Over 775 Million In Loans To Date
AOL Money (UK) – Why I’ve started saving with RateSetter
NY Times – When Banks Won’t Lend, There Are Alternatives, Though Often Expensive
P2P Money Blog (UK) – RateSetter increase net lending to £20million
MarketWatch – Lending Club Taps Former Visa and Morgan Stanley Executive as Chief Technology Office (press release)
P2P Money Blog (UK) – Peer-to-peer lending exceeds £300million
DFW Preppers – Peer2Peer Lending: How Risky is it in Bad Economic Times?
Money Week (UK) – How to use money to make money
Random Thoughts – Mrs RT: Filtering the Currently Available Loans