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…

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Zopa, Lending Club, and Kiva all Score at The Webby Awards Zopa took the Webby in Financial Services (Mint was People's Choice). On Zopa you can buy a CD and help reduce my loan without giving up any of your entitled interest (current rate 3.75%): Start Here When Buying Your CD Lending Club took the Webby in Banking / Bill Paying (Mint...... -
Prosper People-to-People Lending Market Survey San Francisco â October 9, 2007 â Prosper (www.prosper.com), Americaâs largest people-to-people lending marketplace, today released its September People-to-People Lending Market Survey. Prosperâs People-to-People Lending Market Survey provides key statistics and a market commentary by Chris Larsen, Chief Executive Officer and Co-Founder of Prosper.  Prosperâs People-to-People Lending Market Survey...... -
Email From Lending Club I received an email from Merry Richter (Director of Content and Marketing at Lending Club). The email is basically announcing that lending club is now a marketplace off of Facebook in addition to on Facebook. I must have signed up for marketing email. --- Greetings from Lending Club! After 100...... -
Lending Club Updates Lending Functionality A few weeks ago Rob Garcia at Lending Club announced updates to the lending account management features. I apologize it has taken me this long to cover the update, but I have been busy at work and frankly without lenders having the ability to lend money I was lacking motivation. ...... -
Lending Club Stats If you want to try Lending Club be sure to sign up with this link to receive $25 bonus. Until now LendingClub has lacked a customer friendly loan and listing statistics site. Sure you could sql query the data at ProProsper (select * from lendingclubloanstats), even though it is powerful it lacks......
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Lending Club Update - August 2009 While I was writing my alternative income for August, I remembered how I used to count projected interest from my Prosper account. I had stopped that in part because it wasn't a significant number, but also I had made the mistake of many by lending out money to anyone at...... -
Finovate Startup 2009 Live Twitter I am attending Finovate Startup 2009. It is an action packed 1 day format which I belive will lend itself perfectly to a live twitter. Stay tuned it should be an amazing day. http://twitter.com/BlogTrafficExch In the break I have scheduled some talks with SimplFi, Mint, and Calendar Budget. I am...... -
My Lending Club Investment Portfolio Performance Back in September 2009, I began investing in the social lending space with a well thought investment strategy at Lending Club. Being a fairly conservative investor when it comes to alternative investments, I waded into the P2P Investing space very cautiously. Like many people, when I don't fully understand the...... -
Lending Club IRA: Learn About Lending Club’s Retirement Account Option If you have an interest in peer to peer lending but aren’t excited about paying ordinary income tax on your earnings, you might want to consider Lending Club’s IRA option so that you can invest in peer-to-peer loans in a tax-advantaged manner. Here’s what you need to know before considering......
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Sign-Up for a Lending Club Account and Receive a $25 Lending Bonus Lending Club is a social lending network that connects lenders and borrowers through investing in notes. You may loan as little as $25 or as much as you want. Lending Club makes money by charging a processing fee from the borrower and a servicing fee from the lender. The......
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1 comment so far ↓
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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