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

  • Roundup of Social Lending News – August 4, 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. Despite the UK being somewhat absorbed by the Olympic Games there were many articles from across the pond…
  • The Difference Between Seasoned and Total Returns on Prosper – When investors login to their Prosper account they are greeted with a box similar to the one above. If you have been investing for more than 10 months then you will likely see two numbers in the Annualized Return box: Seasoned Only and All Notes. What is the difference? Prosper believes that a note becomes “seasoned”…
  • A Prosper.com spotlight: How Leonard paid down his credit cards for good – We blogged last June about how debt consolidation works – and this week we’re turning the spotlight to Leonard C., a Prosper.com borrower who successfully simplified his debt.
    Realizing he had “too many payments every month”, Leonard used a $10,000 Prosper Loan to pay off his credit cards. He points to two reasons for turning to…
  • Another Huge Month for U.S. P2P Lenders: Lending Club Goes From $50 Million to $60 Million – Wow. There are no summer doldrums in p2p lending. We have gone from a total of $63.8 million in new loan issued by Lending Club and Prosper to $75 million in just one month. This is by far the biggest one month jump in history thanks primarily to Lending Club and their massive increase in originations…
  • Why Did You Start Investing in P2P Lending? – Last week I noticed on Twitter that someone is doing a dissertation on the motivations behind investing in p2p lending. It made me think of my own motivations for investing and I thought it would be interesting to run a quick poll to find out why other people decided to invest. For me, the primary…
  • Roundup of Social Lending News – July 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. It was a pretty quiet news week. The most interesting story of the week was the article on…
  • Consumers Have Increased Borrowing At the Fastest Rate Since 2000 – This week Prosper released their June 2012 Investor Monthly Update. This is the second update in the series (the May update is here) that provides interesting information not just on the performance of the Prosper investor portfolio but also some macroeconomic data as well. Written by Joseph Toms, Chief Investment Officer at Prosper, this month’s…