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“At a minimum, switch to shorter term, amortizing loans that react less to interest rate changes; one possibility here is peer to peer lending, via sites like Lending Club and Prosper.Those kinds of investments will help you get through the shakes without too much sweat. And many more prescriptions for volatile markets are in my [...]
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LendIt, the preeminent conference dedicated exclusively to the burgeoning P2P and online lending industry, is pleased to unveil its official agenda as well as announce that it will be providing a free video stream of its sold-out inaugural event.
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“Lending Club, for example, was there to discuss its plans to start financing small businesses over the next few months. If the plans come to fruition, it sounds as if the company will be lending at an annual percentage rate between 9 and 10 percent, which is a fraction of the price being charged by [...]
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More savers are turning to online firms such as RateSetter and Zopa in the search for better returns on their cash, a consumer group has found.
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I am a seasoned investor who educates people about peer to peer lending at www.LendingMemo.com. I currently earn a solid return of over 10% per year on both lending platforms (Lending Club & Prosper). I will be teaching you how to excel at peer to peer lending through savvy statistical analysis of historical loan data. [...]
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Consumers face a myriad of options when choosing financial products to suit their specific needs. Learn about the pro’s and cons of peer-to-peer lending to help you decide if it’s right for you.
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The most interesting thing now is “crowdfunding.” Person-to-person lending like Lending Club and Prosper fall into the same category. It’s always been tricky for banks to make smaller business loans. In the last five years especially there was an ice age for a while. Right now investors are putting money in these things because, if [...]
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Key Takeaway (from PeerCube): The default rate for Lending Club loans is about the same as last year. Lending Club loans are continuing to outperform credit cards with respect to charge-off and delinquency.
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