Prosper and Lending Club were featured on the CBS Evening News (In Credit Crunch, Lending To Each Other ). The video is at the end of this post. I saw the coverage live while watching in between NCAA tourney games.
Related posts:At a time when credit is hard to come by, more Americans are turning to a new source for money: each other. It’s called person-to-person lending, and it’s expected to rise 800 percent in the next couple of years.
- P2P Lending In The News 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...
- BankServ powers innovative Lending Club person-to-person lending and borrowing platform BankServ powers innovative Lending Club person-to-person lending and borrowing platform SAN FRANCISCO, 7 August, 2007 — BankServ, worldwide experts in electronic payments, today announced...
- 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...
- Prosper vs Lending Club — The First 100 Days Last week Lending Club had a post about their first 100 days — 100 Days and a Million Dollars in Loans!… This got me thinking,...
- Prosper vs Lending Club — The First 100 Days Take 2 Yesterday, in reaction to Lending Club’s post 100 Days and a Million Dollars in Loans! I did a straight comparison on loan volume during the first...
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1 comment so far ↓
I figured the decreasing rate of return in conventional savings accounts would be a major driver of new lenders to the P2P lending sites – how much I am very curious. Does it seem that good loans are hard to find on Prosper and LendingClub? Or is there a constant stream of decent borrows?
I keep getting behind on work – I need to try for a Prosper loan again. Any rumors on when Prosper is going to go national and get rid of the state restrictions on interest rates?
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