Roundup of Social Lending News – June 30, 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.

It was a pretty quiet week as everyone gears up for the big July 4th celebration next week. As always, though, there are some noteworthy articles for you – a couple of interesting ones by Anil from Random Thoughts and an interesting perspective from Kevin at Thousandaire on investing with Folio. The CardRatings article was also picked up by Fox Business which is great for my good friend Matt Jabs from Debt Free Adventure who was featured in the article.

As long time readers know I have been in Sydney, Australia (my home town) with my family for the last six months but I am heading back to Denver this coming week. It has been a great visit and we are sad to leave but our time here has come to end. Now, it’s back to the hot summer in Colorado where I hope they get some rain soon to put out all those fires. Enjoy your weekend.

PLUT – Javascript to download FOLIOfn (LendingClub) loan information

Random Thoughts – Lending Club Loan Length – Credit Grades and Default

Inc. – Kiva Now Lending to Small L.A. Businesses

CardRatings.com – Should you use peer-to-peer lending to pay off your credit cards?

Thousandaire – How To Trade Lending Club Notes on FOLIOfn

MoneyWeek – For better returns, ditch traditional investments

Money Q&A – Lending Club Update And Returns – June 2012

Daily Reckoning – A Different Kind of High-Yield Investment

Random Thoughts – Lending Club Loan Length: Best 60 month spread with B4 Grade Loan

  • 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.