Another late loan and another withdrawal. Eagerly awaiting the end of the “quiet period.” I think competition is good for the market and at the exact moment it feels like Prosper is the loan dog (pun intended) in the p2p lending market… Zopa provides a CD and Lending Club doesn’t have lenders. Will loanio launch at finovate startup? Are there others in stealth mode waiting to launch… Now seems like the time…
- Loanio in “Final Pre-Beta Testing” It has been a while since I have thought about loanio… In fact, the last finvoate (at which they didn’t appear, but initially were scheduled...
- Lending Club Forum Having just signed up for Lending Club, my bank account has not yet been verified. So, I have no money to bid on listings. What...
- Lending Club vs Prosper — The 1st 100 Days Recap and Modest Proposal Last week week I wrote a comparison of Prosper and Lending Club based entirely on loan volume in reaction to the Lending Club claim: 100...
- Lending Club Referral Program Expanded to Affiliates Over at the P2P No Bank Forum on the Lending Club board several of us had been discussing using the link generated from the referrer...
- Lending Club Recharicterzation UPDATE: After a second reading I think my assumption about the secondary market is incorrect… (My own hopes for such a market might have clouded my...
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I just took out more money as well. No use leaving it not earning interest.
I am glad (and lucky) to report that I still have not had one loan go late. Although, it is just a matter of time especially as gas prices continue to rise.
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