During the week I share the latest p2p lending news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here.
Lending Club’s peer-to-peer lending business growing from USA Today – excellent article on Lending Club from one of the leading national publications. Looks like LC is considering going into subprime loans…
Prosper Announces New API for Lenders from Prosper’s blog – For the technically inclined a new API has just been released from Prosper with over 475 data points on each borrower.
Prosper’s new RESTful API from Nickel Steamroller – I know Nickel Steamroller has been playing around with the Prosper API for a while and he shares his thoughts here.
Efficient Frontier Portfolio Optimization from Social Lender – A really detailed look at portfolio optimization for Lending Club investors.
$10,000 P2P LendingClub / Prosper Loan Portfolio Update – March 2013 from My Money Blog – This blogger invests equally on both platforms and shares his thoughts here.
Auxmoney Raised 12M from Union Square Ventures and Index Ventures from Wiseclerk – Looks like p2p lending is getting a boost in Germany with a large funding round for their leading p2p lender.
Bid Data No Longer Available from Prosper Stats – Rocco, the man behind the leading Prosper statistics site expresses how he feels about the recent decision to remove investor bid data.
Peer-to-peer lending offers double-digit returns from Interest.com – A primer on p2p lending featuring some background information as well as interviews with myself and Neal Frankle of Wealth Pilgrim.
p2p lending strategies from Samuel Hu – Some unusual investment strategies from this Lending Club and Prosper investor.
From the Lend Academy Forum
The Lend Academy forum is where investors go to discuss p2p lending. Below are some topics that were being discussed this week.
What can p2p platforms really do to a credit score? – Great discussion of credit scores including some alarming charts from some borrowers who fell on hard times.
Is P2P the best way to have steady growth with compound interest? – Plenty of people chime in about p2p lending and other potential high yield investments.
Hold or Sell? – Is an active trading strategy a good way to make a profit at Lending Club or is better to hold notes to maturity?