Here are some of the latest peer-to-peer lending and financial innovation stories from around the web:

  • Roundup of Social Lending News – March 3, 2012 – Every Saturday I bring you the latest news from the world of peer to peer lending. These are the best of the news articles and blog posts from around the web that I shared on Twitter this past week. There is a lot of news and innovation coming out of the UK p2p lending marketplace these days…
  • Crowdfunding Bill Likely to Become Law Very Soon – Last year the U.S. House passed a crowdfunding bill (H.R. 2930 – Entrepreneur Access to Capital Act) but it has never made it to a vote in the Senate. That looks set to change. Yesterday House Majority Leader Eric Cantor announced that he would bring up and pass a jobs bill in the house next…
  • Over $47 Million in New Loans Issued in February – As we have come to expect now every month, February was a record month for U.S. p2p lenders Lending Club and Prosper. Around $47.1 million in new loans were originated between the two companies, over $2.2 million higher than last month. Lending Club’s Monthly Loan Volume At $36 Million It was a very strong month…
  • Saving for Retirement? Boost Your Returns with a Prosper IRA! – Investing with Prosper.com is now available for Individual Retirement Accounts. If you’re contributing to your Traditional, Roth or SEP-IRA, or plan to open an IRA or 401(k) rollover, check out the Prosper IRA….
  • Three Myths Investors Have About P2P Lending – It is amazing how many investors make their investment decisions based on so-called common sense. They “know” that small loans are a better investment or that you want a borrower with a low revolving balance on their credit cards. Because obviously this will lead to better returns. Really? I prefer to look at the data…
  • Average Maturity Date Added to Portfolio Analyzer – If you run the portfolio analyzer on your notes from Lending Club now, you will see the average maturity date for your total portfolio and each sub-portfolio.You can check it out here.  …
  • Featured Filter: Revolving Credit Balance – I’m going to start a new series where I will periodically discus a filter, it’s potential impact on ROI and the rationale. This is the first on many to come in my new series, Featured Filter! Introduction to Revolving Credit Balance Many … Continue reading →…
  • Roundup of Social Lending News – February 25, 2012 – Every Saturday I bring you the latest news from the world of peer to peer lending. These are the best of the news articles and blog posts from around the web that I shared on Twitter this past week. We have an interesting collection of articles this week. It was sad to see that CommunityLend, the Canadian…
  • Ratesetter Adds More P2P Lending Choices – Ratesetter yesterday added more choices. Borrowers can select loan terms of up to 5 years.  Lenders can invest money for 1 or 5 years (in addition to the existing monthly access and 3 year term choices). It is interesting that Ratesetter has decoupled the borrower’s products from the lender’s products. For a borrower loan with…
  • Personal loans: it’s all about the rate isn’t it? – Personal loans: it’s all about the rate isn’t it? When looking for the best deal on a loan, most of us will – sensibly enough – look for the lowest interest rate, or ‘APR’ to be precise. Zopa’s most obvious attraction to borrowers is the chance to get a lower interest rate on a loan…