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.
The biggest news of this past week was undoubtedly the new venture capital funding at Lending Club from Kleiner Perkins. This article was covered by pretty much every major business publication online (as well here on the Social Lending Network). I have included two articles, from the dozens published, on this big news below. Perhaps equally important this week was the article on Forbes that talked about 10% yields from p2p lending – getting exposure from such a highly read publication is only going to help the cause at Lending Club and Prosper. Enjoy your weekend.
BBC (UK) – Peer-to-peer lending via the internet hits £250m
Nickel Steamroller – Balancing Your Portfolio by Loan Term – 36/60 Month
Random Thoughts – Lending Club Loan Credit Grade – Is There Demand for High Interest Loans?
Nickel Steamroller – June P2P Portfolio Update
Wall Street Journal – Lending Club Gets $15 Million Backing From Kleiner Perkins
Bloomberg – LendingClub Brings Another Morgan Stanley Bigwig on Board
Go Banking Rates – Why It’s so Hard to Get Small Mortgage Loans of Less than $50k
ClickZ – Peer Learning: Gaining Insights From Social Lending Platforms
Forbes – Looking For 10% Yields? Go Online For Peer To Peer Lending
Harvard Business Services – 101: Peer-To-Peer Business Funding
Thomas DeLong – 25% y/y Seasoned Returns in May with P2P Lending on Prosper
Leigh Drogen – Complete Lending Disruption
Random Thoughts – Days Between Listing and Issuance of Lending Club Loans – Rush at Listing Expiration
Get Out of Debt Guy – Unsecured Debt Consolidation Loans Like This One Can Help to Get You Out of Debt