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

  • Do You Understand How Interest is Calculated on P2P Loans? – Most people think they understand how interest works. You invest $100 at 10% then your annual interest payment is $10 a year. If you are investing for a fixed term, say three years, that will mean $30 in total interest payments. Simple math. But with p2p lending it is different. This same $100 invested in…
  • Student Loan Site Social Finance Receives $77M in Funding – Social Finance arranges p2p student loans from alumni investors to graduate borrowers in the US. Currently students from 78 schools are eligable to apply for a Sofi loan in order to refinance their student loan debt. Social Finance says that it has generated more than 60 million US$ in loan applications and is on…
  • September P2P Investing Update – Sorry, its been a while since my last post. I intended to do at least a few August updates, but summer is really coming to a close quickly. If you’ve been following my blog, you know that I set out two goals recently: … Continue reading →…
  • 20 Things You Didn’t Know About P2P Lending – This past weekend I attended the Financial Bloggers Conference commonly known as Fincon12. Around 400 personal finance bloggers descended on Denver to discuss, learn, chat and generally have a good time. On Friday night of Fincon12 there was an Ignite Event. This is where participants are given five minutes to speak about a personal or professional…
  • Roundup of Social Lending News – September 8, 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. News was sparse in this holiday shortened week, you should be able to read all five articles below…
  • Get a $1,000 Bonus with a New Prosper Premier Account – I first wrote about Prosper’s Premier service back when it was introduced earlier this year. At the time I said it was a good move by Prosper because there are many investors who like the potential returns offered by p2p lending but don’t want to go to the trouble of selecting loans themselves. If you…
  • Interview with Lending Club CEO Renaud Laplanche – Editor’s note: The interview below was not conducted by me. Another publication conducted this interview and wrote the article but then decided not to publish it. Lending Club contacted me to see if I wanted to publish the article and I agreed because I thought it would be of interest to you. The links were…