Lending Club, the a peer-to-peer lending company in the United States, has surpassed $1 billion in loan demand from borrowers and has hit a new monthly record for loan demand during the truncated month of February.
The California-based peer-to-peer lending company recently issued their 10,000th loan and has now originated more than $95 million in loans [...]
Peer-to-Peer Lending Articles
Peer-to-Peer Lending Company, Lending Club, Passes $1 Billion in Loan Demand
The Peer to Peer Lending Guide (P2P Lending)
What is Peer to Peer Lending?
Peer to peer lending (P2P Lending) simply refers to the process of individuals loaning each other money directly rather than through a third party institution such as a bank. In the context of the internet, peer to peer lending generally refers to the business of individuals lending each other money [...]
Get a $25.00 Bonus to Start Investing with Lending Club
Lending Club, a popular peer-to-peer lending institution, connects individual borrowers and lenders. From an investment perspective, investing in peer-to-peer loans is an excellent way to invest a small portion of your portfolio as a means to provide additional diversify to your nest-egg.
We’ve provided coverage of both Prosper and Lending Club on American Consumer News, and [...]
Prosper Vs Lending Club: Which Company Is Best for the Peer-to-Peer Lending Investor?
In the aftermath of the SEC’s initial regulation of the peer-to-peer lending industry in the United States, Lending Club and Prosper Marketplace have become the two remaining dominant forces in the industry of peer-to-peer lending in the United States. Both of these companies offer investors an alternative investment to stocks, real estate, bonds and cash [...]
December 17th, 2009 | admin | Comments | Continued
Prosper.com Review: A Review of the Prosper Marketplace
Prosper.com, also called Prosper Marketplace, is a service that is part of the emerging peer-to-peer lending industry which facilitates the lending and borrowing of money between its users.
How it Works:
Prosper, Lending Club, Zopa and other firms around the world are sidestepping the banking industry by creating an alternative way for borrowers to get loans. [...]
Lending Club Review 2010 –A Full Review of Lending Club’s Peer to Peer Lending Website
As banks have cut the amount of lending that they do, individuals are increasingly turning to peer-to-peer lending companies, such as Prosper and Lending Club, as a source to get a personal loan from. Meanwhile, individual investors are taking advantage of the loan demand on Prosper and Lending Club as a new class of an [...]
December 13th, 2009 | admin | Comments | Continued
Revisiting Loans from Friends or Relatives with Peer-to-Peer Lending
You know the conventional wisdom about borrowing money from family members or friends? Never, ever get involved on either side. Even if you pay off the loan and everything is “ok” between you, there is still a possibility that things could go wrong. Then, you would be in a difficult position with [...]
May 19th, 2009 | Debbie Dragon | Comments | Continued
Unload Bad Debt- Tips To Get Started Today
In an ideal world there would be no debt- good or bad. In the world in which we live however there is a difference between the types of debt that most people carry. When you purchase a home or other assets that appreciate in value the debt is generally considered good debt, an investment in [...]
January 27th, 2009 | trisha | Comments | Continued
Peer to Peer Lending for College Students?
By now you’re probably aware of peer to peer lending organizations, like Prosper.com. This type of lending allows people to post a request for a loan and for other people to lend them some of the money they’re requesting. Basically, people post their need for a loan, including how much money they’re looking for, what [...]
May 22nd, 2008 | Debbie Dragon | Comments | Continued
Is Lending Money on Prosper.com Competitive With Other Investments?
When most of us loan money to our friends, we give them $20 or $30, and they pay us back a week or two later and we think nothing of it. If the person was willing to pay a little bit in interest, you could make a little bit of money off the deal. Now [...]
November 8th, 2007 | admin | Comments | Continued
How to Raise Your Credit Score by Borrowing Money Through Prosper.com
Your credit score is determined if you can afford a home loan, rent an apartment, get a cell phone, and some times it even determines whether or not you’ll get a job. Fair Isaac Credit Scores (FICO Scores) are being used increasingly to determine whether or not we are financially responsible individuals, so it’s very [...]
November 6th, 2007 | admin | Comments | Continued
LendingClub.com Launches New Social Lending Service to Compete with Prosper
Just over a year ago, Prosper.com broke down paradigms about traditional money lending practices. Instead of heading down to the local bank or credit union to get a loan, people were able to loan each other money en masse through Prosper’s lending service bypassing the banking system all together. Unfortunately Prosper’s system was not without [...]
November 5th, 2007 | admin | Comments | Continued
Wikipedia Wednesday: Prosper.com
[Editor's Note: We've decided to start a new feature on Getting Green. Every Wednesday night we are going to feature an article by perhaps you! We are going to showcase one article relating to money from Wikipedia so that you can better share in the knowledge of the masses!]
Today we’re going to highlight the person-to-person [...]
I was watching on CSpan and a 17 yr old from VA called in undecided on the bill. Her ...
That's pretty funny. Maybe the healthcare reform will help you with that high blood pressure. 
"Osama" - Obama this is insane. total violation of our constitutional rights and we are being taken to the dark ...
