P2P Lending News

This Week in Peer to Peer Lending: 2/19/2012

Here are some of the latest peer-to-peer lending and financial innovation stories from around the web: Roundup of Social Lending News – February 18, 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 [...]

National Family Mortgage Hits $20 Million Loan Volume

National Family Mortgage, a smaller peer-to-peer lending company that focuses person-to-person mortgages, has reached $20 million in loan volume. Here’s the press release: BOSTON, MA, Feb 01, 2012 (MARKETWIRE via COMTEX) — National Family Mortgage, America’s premier peer-to-peer lending solution for home loans between relatives, today announced that it has passed $20 million in total [...]

This Week in Peer to Peer Lending: 2/12/2012

Here are some of the latest peer-to-peer lending and financial innovation stories from around the web: Roundup of Social Lending News – February 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 [...]

This Week in Peer to Peer Lending: 2/5/2012

Here are some of the latest peer-to-peer lending and financial innovation stories from around the web: Roundup of Social Lending News – February 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 [...]

Lending Club Surpasses $500 Million in Loan Originations, Prosper Tops $300 Million

The peer-to-peer lending industry in the United States is continuing its upward trajectory with Prosper and Lending Club now having facilitated a total of $800 million in loan volume. Lending Club surpassed $500 million in loan originations this week and Prosper topped $300 million in loan volume earlier this week. Both companies had a strong [...]

Business Equipment You Didn’t Know You Could Finance

Leasing equipment for business is hardly new, certainly computers, printers and IT equipment are commonly leased by business owners in order to reduce the upfront costs of purchasing. And with the frequency of updates and new model releases, leasing makes even more sense so that business IT systems don’t become obsolete. However, what many businesses [...]

This Week in Peer to Peer Lending: 1/29/2012

Here are some of the latest peer-to-peer lending and financial innovation stories from around the web: Roundup of Social Lending News – January 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 [...]

National Family Mortgage Announces Support of “Slash Declare” Movement

National Family Mortgage issued the following press release regarding its support of SlashDeclare, a movement aimed at creating more transparency in the financial services industry. Here’s the text of the release. OSTON, MA, Jan 24, 2012 (MARKETWIRE via COMTEX) — National Family Mortgage, America’s premier peer-to-peer lending solution for home loans between relatives, today announced [...]

Nickel Streamroller to Host P2P Lending Webinar

Michael over at Nickel Steamroller will be hosting a peer-to-peer lending webinar tomorrow night at 7:00 PM Central time. The webinar will cover the peer-to-peer lending analysis tools available on Nickel Streamroller.com. Here’s how Michael described the webinar on his site: I’ll be hosting a 45 minute webinar followed by a 30+ minute Q/A discussing [...]

This Week in Peer to Peer Lending: 1/22/2012

Here are some of the latest peer-to-peer lending and financial innovation stories from around the web: Roundup of Social Lending News – January 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 [...]

What Isn`t Your Student Loan Company Telling You?

Student loans can be a good thing if they are the only way you are able to attend college. After all, college is a good investment in your future, since college graduates make much more over their lifetime than non-grads. However, student loans can also be a crippling financial burden if you don’t approach taking [...]

This Week in Peer to Peer Lending: 1/15/2012

Here are some of the latest peer-to-peer lending and financial innovation stories from around the web: Prosper Running a $1,000 Cash Giveaway – Prosper has a new promotion to start out the New Year. Just provide them with your name and email address and you will have a chance to win $1,000 cash. There is nothing [...]

Prosper Holding “Pay Off My Debt” Sweepstakes

Prosper is running yet another sweepstakes. This month, the company will give away one $1,000 prize to a contestant that enters their sweepstakes. Prosper uses sweepstakes and promotions, such as this one, to collect email addresses that can later be used for marketing purposes. Anyone interested in registering can do so at http://www.prosper.com/prm/payoffdebt.html. The deadline [...]

National Family Mortgage CEO to Speak at Conference

National Family Mortgage, a peer-to-peer mortgage lending company, CEO Timothy Burke will be speaking at the Real Estate Connect 2012 Conference in New York City, New York, on Friday, January 13, 2012. The company issued the following press release: BOSTON, MA, Jan 09, 2012 (MARKETWIRE via COMTEX) — National Family Mortgage, America’s premier peer-to-peer lending [...]

Peer-to-Peer Lending Federal Tax Guide

The new year has come and gone and now tax time is upon us. If you are a newer peer-to-peer lending investor in the United States, 2012 may mark the first time that you have to pay taxes on the money that you earned from Lending Club or Prosper. Fortunately, it’s not terribly complicated to [...]

This Week in Peer to Peer Lending: 1/8/2012

Here are some of the latest peer-to-peer lending and financial innovation stories from around the web: Taking Estimated ROI to the Next Level – I had my first defaults start to come in the last 30 days.  What’s interesting about this is how the platforms calculate the ROI…  to describe it in one word:  ”jumpy”. [...]

This Week in Peer to Peer Lending: 1/1/2012

Here are the latest news and headlines from P2P Lending News: Prosper and Lending Club Facilitated $40 Million in Loans in December - Prosper and Lending Club facilitated a total of $40.5 million in loans between borrowers and investors during the month of December, marking the strongest month in U.S. peer-to-peer lending history. Lending Club lead [...]

Prosper and Lending Club Facilitated $40 Million in Loans in December

Prosper and Lending Club facilitated a total of $40.5 million in loans between borrowers and investors during the month of December, marking the strongest month in U.S. peer-to-peer lending history. Lending Club lead the way, issuing $31,007,025 across 2,267 loans. This is the first month where Lending Club issued more than $1 million in loans [...]

Lending Club Waives Fees on Large Loans

Lending Club announced that it would be waiving its 1% service fee on notes associated with loans of $20,000 or more for a limited time. Lending Club explained the move on its website, “Larger loans need to attract investments more quickly than small loans in order to fund in the time available. So for a [...]

Prosper Launches ‘Fired Up’ Kindle Fire(R) Sweepstakes

Prosper is holding yet-another promotion. This time, individuals that register on Prosper’s website will be entered to win a new Amazon Kindle Fire. This effort, along with Prosper’s previous sweepstakes, is a move by Prosper to add new subscribers to their their email marketing distribution list. Here’s the text of the press release: SAN FRANCISCO, [...]