This Week in Peer to Peer Lending: 4/29/2012
Here are some of the latest peer-to-peer lending and financial innovation stories from around the web:
- Roundup of Social Lending News – April 28, 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 many great articles here for your weekend reading. One of the most interesting articles from this…
- Smava Changes Business Model; Brokers Bank Loans – German Smava, launched 2007, yesterday announced that it will offer more products and evolve into a marketplace where borrowers seeking loans get multiple offers. The site logo and layout have been redesigned to reflect this change. Smava said p2p loans will be continued to be on offer and the new products (bank loans) added will…
- Lots Happening Here at the Social Lending Network – April has been a really busy month for me. I have just finished recording a brand new version of the P2P Lending Wealth System. This is my online video course covering all aspects of peer to peer lending that I first released late last year. In version 2.0 every video has been re-recorded and I…
- Zopa Will Offer More Loan Terms – Zopa will add more loan term selection for borrowers starting in the second half of May. So far Zopa was offering loan terms of either 36 or 60 months. In the future there will be Shorter Markets (24 and 36 months) and Longer Markets (48 and 60 months). While borrowers can elect the exact loan…
- The Difference Between a Default and a Charge-off at Lending Club – If you have a well diversified p2p lending portfolio then defaults are annoying but they are unlikely to do too much harm. Regardless, we want to minimize them as much as possible. But what is a default exactly? It has always been a little curious to me that defaults are treated differently at Lending Club…
- Renaming Auto Lend to Auto Top Up – We’ve decided to rename one of our popular lending features: Auto Lend will be Auto Top Up from now on. For those of you who aren’t aware of what this functionality does, here’s a little refresher: As borrowers make monthly repayments, lenders get money coming back into their holding account. By turning on Auto Top…
- Roundup of Social Lending News – April 21, 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 had a few new p2p lending bloggers emerge in the last month and you will see…






