Roundup of Social Lending News – June 23, 2012

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.

We have another extensive roundup of articles for you this week. I would like to highlight the article by Anil at Random Thoughts. Anil did some quite detailed analysis of the 36-month vs 60-month loans on Lending Club and came to the conclusion that the 60-month loans are already underperforming the traditional 36-month loans. This is essential reading for any Lending Club investor, particularly those with a concentration of the 60-month loans. Enjoy your weekend.

Five Cent Nickel – Lending Club High vs. Low Risk Loan Experiment Complete

Investor Junkie (video) – Lending Club Review – How To Invest Like A Bank

My Money Blog – Lending Club vs. Prosper Experiment: Which Has The Highest Returns?

P2P Money (UK) – Zopa and RateSetter in “Most Trusted Loan Provider”

Mindful Money (UK) – Should Spain go to Zopa?

Moneyweek (UK) – How to make money while stealing business from the banks

BusinessTech (South Africa) – Social lending to hit SA banking

Random Thoughts – Lending Club Loan Length and Default Rate

Sustainable Life Blog – Lending Club Review

Renaud Laplanche on CNN – Technology is disrupting financial services at a quickening pace

Wiseclerk – New funding round for Pretdunion

Money360 (press release) – The First Peer-to-Peer (P2P) Real Estate Lending Marketplace — Announces Nationwide Expansion

Ross Asset Advisors – The Future of the US Economy

Bible Money Matters – Lending Club Returns Above Now Above 12%

Shareable Design – An Introduction to Peer-to-Peer Lending

  • 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.