A couple of peer-to-peer (p2p) lending articles came out in major publications over the weekend… Enjoy…
The ChicagoTribue: Peer-to-peer lending helpful, but know rules
Sometimes you have to take matters into your own hands.
At least that’s the mind-set of individuals who lend and borrow money from each other online, known as peer-to-peer lending. In this virtual community you may stand a better chance of obtaining a loan for your start-up business or earning an attractive return.
But though based on self-rule, peer-to-peer lending is not without its conditions. Consider the following before you forgo the bank entirely. [...]
The Washington Post: You Can Lend P2P, but Can You Collect?
Related posts:In the wake of the subprime mortgage meltdown, traditional financial institutions have tightened up on who gets to borrow money. But some people are still finding ways to borrow what they need, thanks to another area of lending that is booming.
Person-to-person lending, or “social” lending, is growing at a phenomenal pace on the Internet as consumers look for an alternate way to pay off debt, according to new research by Javelin Strategy & Research. Javelin predicts that the demand for person-to-person lending services, or P2P, to pay off credit card debt may grow from $38 billion to $159 billion over the next five years. [...]
- Barron’s on P2P Lending Barron’s has just published an online article on p2p lending. You need to be a subscriber to read it here: At Last, a Bank of...
- P2P No Bank — Aggregating P2P Lending Blogs — Covering Kiva, Lending Club, Prosper, Zopa, and more. I think my readers would like to know about: P2P No Bank. P2PNoBank aggregates all known blogs that blog about p2p lending semi-regularly. It does...
- Sub-Prime Mortgage Meltdown What opinions do you guys have on how the sub-prime mortgage meltdown will affect peer to peer lending? I’ll confess I’m still spooked at the...
- Start Investing P2P Lending I have been investing in p2p lending on Prosper since July 06. I consider it an alternative asset class and orthgonal to the stock market. ...
- 1st Ever Carnival of P2P Lending LazyMan is hosting the first ever carnival of peer-to-peer lending. Thank you Lazy for including my post (Prosper Vintage Curves From Private Data) in the...
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[...] If you’re new here, you may want to subscribe to my RSS feed or via email. Thanks for visiting!Another peer-to-peer lending article in a major publication. This one is just a reprint of the Washington Post earlier in the week. [...]
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