Archive for November, 2007

Stanley Bing: Who is to Blame for the Subprime Credit Crisis?

New here? You may want to subscribe to the RSS feed or browse the site map. Thanks!Stanley Bing at CNN Money blogged about the subprime lending crisis and the falling dollar in his article “Who’s to blame for the credit crisis, the housing slump, the weak dollar, and the fear of recession? It’s a […]

WSJ writes about P2P Lending

The WSJ recently wrote about P2P lending in the article “Doing Loans with Web Neighbors.” The article covers tips for both borrowers and lenders, but they are the basics such as diversify loans and factor in defaults and fees. The article also lists a great story of a borrower who saved a significant amount […]

Would you lend money to Britney Spears?

Lending money to someone can be a difficult decision. The only two items that should come to mind are the interest rate and likelihood of repayment. Income should be factored into the probability of repayment, but there is more at play than is visible in a profile on Lending Club or Prosper. Take the example […]

Financial Risks in P2P Lending

According to Club Lending there are several types of risks in lending using Lending Club services. The risks listed are different from the traditional financial investment risks which are foundational enough to deserve to be addressed in a separate post. Below (in the quote sections) is the risk information provided by Lending Club:
Participating in […]

Kintera to Connect Alumni with Lending Club

Kintera, which offers several product lines (but no clear strategy) such as fund raising, software, donor relations, website creation, and email marketing, branched out again by recently announcing a new P2P lending program to Lending Club to access Kintera’s Alumni network. (Currently Kintera is trading at under $2 per share on the Nasdaq.)
Kintera® Inc. […]

The Mortgage Foreclosure Crisis and your P2P Lending Strategy

If you have been reading my recent posts at Personal Loan Portfolio, you know that I am in the process of formating a P2P lending strategy. However, lending does not seem to be a good business to be in recently. Countrywide, one of the nation’s largest mortgage lenders, is hemorrhaging jobs and money […]

Basic Training before Lending with Prosper

Prosper offers some great information to read and watch before starting to lend. For example, there is a basic tutorial on lending along with several other lending tutorials on the tutorials page.
There are also videos available

Lending Money via Prosper to Increase Returns

I have read several articles on Prosper lending and other P2P lending sites that have made me interested in boosting my returns in an alternative to investing in the stock market. I have decided to try a few loans with Prosper.com and am currently working on my strategy. I have been […]