Comments for P2P Lending News http://www.p2plendingnews.com Staying on top of the person to person lending revolution Wed, 10 Feb 2010 21:19:07 +0000 http://wordpress.org/?v=2.9.1 hourly 1 Comment on Asheesh Advani Steps Out of Virgin Money – Or Was He Pushed Out? by Paul http://www.p2plendingnews.com/2009/07/asheesh-advani-leaving-virgin-money/comment-page-1/#comment-483 Paul Wed, 10 Feb 2010 21:19:07 +0000 http://www.p2plendingnews.com/?p=280#comment-483 I was one of the few minorities working in both CircleLending and Virgin Money, and to have these kind of allegations made toward Asheesh is pure hogwash. I have great respect and admiration toward Asheesh and wish him the best. I was one of the few minorities working in both CircleLending and Virgin Money, and to have these kind of allegations made toward Asheesh is pure hogwash. I have great respect and admiration toward Asheesh and wish him the best.

]]> Comment on Virgin Money Letting US Business Fade Away by Webank One Year On – A Grower, a Silence and a Disappearance « Marshallian Surplus http://www.p2plendingnews.com/2009/11/virgin-money-united-states-business-closing/comment-page-1/#comment-480 Webank One Year On – A Grower, a Silence and a Disappearance « Marshallian Surplus Thu, 21 Jan 2010 09:32:43 +0000 http://www.p2plendingnews.com/?p=439#comment-480 [...] Virgin Money displayed somewhat of a decline after disbursing approximately $60m  in 2009 (based on Wiseclerk.com’s January 2009 datapoint and the Q3 2009 figure from Virgin themselves) compared to $140m in 2008 (based on the same Wiseclerk point and the December 2007 numbers from Virgin). This is probably due to the activity noted over at  P2Plendingnews. [...] [...] Virgin Money displayed somewhat of a decline after disbursing approximately $60m  in 2009 (based on Wiseclerk.com’s January 2009 datapoint and the Q3 2009 figure from Virgin themselves) compared to $140m in 2008 (based on the same Wiseclerk point and the December 2007 numbers from Virgin). This is probably due to the activity noted over at  P2Plendingnews. [...]

]]> Comment on Virgin Money Letting US Business Fade Away by Does Virgin Money Exit P2P Lending in the US? « nice day http://www.p2plendingnews.com/2009/11/virgin-money-united-states-business-closing/comment-page-1/#comment-473 Does Virgin Money Exit P2P Lending in the US? « nice day Sun, 20 Dec 2009 13:11:07 +0000 http://www.p2plendingnews.com/?p=439#comment-473 [...] was 390 million US$. Virgin Money had aquired predecessor Circlelending in 2007. In the article Virgin Money Letting US Business Fade Away, P2PLending News.com now lists several signs that Virgin Money might exit the p2p lending [...] [...] was 390 million US$. Virgin Money had aquired predecessor Circlelending in 2007. In the article Virgin Money Letting US Business Fade Away, P2PLending News.com now lists several signs that Virgin Money might exit the p2p lending [...]

]]> Comment on Virgin Money Letting US Business Fade Away by Fred Zachs http://www.p2plendingnews.com/2009/11/virgin-money-united-states-business-closing/comment-page-1/#comment-467 Fred Zachs Fri, 04 Dec 2009 02:38:21 +0000 http://www.p2plendingnews.com/?p=439#comment-467 I have been following this space closely because of personal interest. It's incredible that Virgin Money was able to charge this much. I used a product called LoanBack for a personal loan last year for a fraction of the cost. I was quite impressed with that product. They have been around for some time and have done over a billion in loans! Just checked out lendig karma as well. Looks good. I have been following this space closely because of personal interest. It’s incredible that Virgin Money was able to charge this much. I used a product called LoanBack for a personal loan last year for a fraction of the cost. I was quite impressed with that product. They have been around for some time and have done over a billion in loans! Just checked out lendig karma as well. Looks good.

]]> Comment on Virgin Money Letting US Business Fade Away by Michael http://www.p2plendingnews.com/2009/11/virgin-money-united-states-business-closing/comment-page-1/#comment-455 Michael Wed, 18 Nov 2009 02:56:17 +0000 http://www.p2plendingnews.com/?p=439#comment-455 Hope you don't mind the plug here but since Virgin is a competitor I thought I'd mention my company as an alternative. For anyone that's looking for something that's a cost effective and flexible alternative to Virgin's handshake and handshake plus, I invite you to check out our product offerings at LendingKarma.com. We offer more features than the handshake basic for a lower price. Formalize your loan with us and you get a custom PDF document and receive email payment reminders. If you use our premium product you can track and record payments, late fees, principal pay downs, etc with our flexible payment tracker. For more information see our products section: http://www.lendingkarma.com/products To see a short demo of our product simply visit our homepage at http://www.lendingkarma.com. -Michael CEO - LendingKarma.com Hope you don’t mind the plug here but since Virgin is a competitor I thought I’d mention my company as an alternative.

For anyone that’s looking for something that’s a cost effective and flexible alternative to Virgin’s handshake and handshake plus, I invite you to check out our product offerings at LendingKarma.com. We offer more features than the handshake basic for a lower price. Formalize your loan with us and you get a custom PDF document and receive email payment reminders. If you use our premium product you can track and record payments, late fees, principal pay downs, etc with our flexible payment tracker. For more information see our products section: http://www.lendingkarma.com/products To see a short demo of our product simply visit our homepage at http://www.lendingkarma.com.

-Michael
CEO – LendingKarma.com

]]> Comment on Asheesh Advani Steps Out of Virgin Money – Or Was He Pushed Out? by Craig http://www.p2plendingnews.com/2009/07/asheesh-advani-leaving-virgin-money/comment-page-1/#comment-454 Craig Tue, 17 Nov 2009 20:41:06 +0000 http://www.p2plendingnews.com/?p=280#comment-454 There was total mismanagement of the company and to say it was just restructuring is a joke. Virgin invested over 50 million and has nothing to show for it. They were asleep at the wheel thinking social lending was a billion dollar business and then let Advani invest in the mortgage business at a time the industry was in shambles. Anyway you cut it Virgin Money USA is a failure. There was total mismanagement of the company and to say it was just restructuring is a joke. Virgin invested over 50 million and has nothing to show for it. They were asleep at the wheel thinking social lending was a billion dollar business and then let Advani invest in the mortgage business at a time the industry was in shambles. Anyway you cut it Virgin Money USA is a failure.

]]> Comment on Virgin Money Letting US Business Fade Away by Social Lending: Steigt Virginmoney aus US-Geschäft aus? « Social Banking 2.0 – Der Kunde übernimmt die Regie http://www.p2plendingnews.com/2009/11/virgin-money-united-states-business-closing/comment-page-1/#comment-452 Social Lending: Steigt Virginmoney aus US-Geschäft aus? « Social Banking 2.0 – Der Kunde übernimmt die Regie Mon, 16 Nov 2009 13:59:15 +0000 http://www.p2plendingnews.com/?p=439#comment-452 [...] http://www.p2plendingnews.com/2009/11/virgin-money-united-states-business-closing/ [...] [...] http://www.p2plendingnews.com/2009/11/virgin-money-united-states-business-closing/ [...]

]]> Comment on Asheesh Advani Steps Out of Virgin Money – Or Was He Pushed Out? by Peter http://www.p2plendingnews.com/2009/07/asheesh-advani-leaving-virgin-money/comment-page-1/#comment-447 Peter Sun, 15 Nov 2009 16:04:08 +0000 http://www.p2plendingnews.com/?p=280#comment-447 Much of the stuff written above is totally ridiculous. Virgin Money went through a global restructuring a year ago. Branson announced he wants to enter the banking business and build an online bank. Type “virgin money uk” into Google News and you will see many articles on this. Three of the four Virgin Money CEOs left as part of the restructuring, including Advani in the US, the guy in the UK, and the guy in Australia. As anyone who’s actually worked at the company would know, there was no sexism, no racism, no demotion – as some of the rumor-mongering on this site claims. This probably also shows why Virgin sold the mortgage biz, and why they are keeping the online social lending products, not the mortgage ones that don’t fit online banking. Much of the stuff written above is totally ridiculous. Virgin Money went through a global restructuring a year ago. Branson announced he wants to enter the banking business and build an online bank. Type “virgin money uk” into Google News and you will see many articles on this. Three of the four Virgin Money CEOs left as part of the restructuring, including Advani in the US, the guy in the UK, and the guy in Australia. As anyone who’s actually worked at the company would know, there was no sexism, no racism, no demotion – as some of the rumor-mongering on this site claims. This probably also shows why Virgin sold the mortgage biz, and why they are keeping the online social lending products, not the mortgage ones that don’t fit online banking.

]]> Comment on Virgin Money Letting US Business Fade Away by Does Virgin Money Exit P2P Lending in the US? « P2P-Banking.com http://www.p2plendingnews.com/2009/11/virgin-money-united-states-business-closing/comment-page-1/#comment-440 Does Virgin Money Exit P2P Lending in the US? « P2P-Banking.com Thu, 12 Nov 2009 18:38:13 +0000 http://www.p2plendingnews.com/?p=439#comment-440 [...] was 390 million US$. Virgin Money had aquired predecessor Circlelending in 2007. In the article Virgin Money Letting US Business Fade Away, P2PLending News.com now lists several signs that Virgin Money might exit the p2p lending [...] [...] was 390 million US$. Virgin Money had aquired predecessor Circlelending in 2007. In the article Virgin Money Letting US Business Fade Away, P2PLending News.com now lists several signs that Virgin Money might exit the p2p lending [...]

]]> Comment on Asheesh Advani Steps Out of Virgin Money – Or Was He Pushed Out? by Virgin Money Letting US Business Fade Away | P2P Lending News http://www.p2plendingnews.com/2009/07/asheesh-advani-leaving-virgin-money/comment-page-1/#comment-437 Virgin Money Letting US Business Fade Away | P2P Lending News Thu, 12 Nov 2009 05:39:18 +0000 http://www.p2plendingnews.com/?p=280#comment-437 [...] awry at Virgin Money was the awkward resignation of CircleLending’s founder Asheesh Advani. Our post on Advani’s resignation has drawn a lot of comments, including accusations of sexism, racism, and general incompetence. [...] [...] awry at Virgin Money was the awkward resignation of CircleLending’s founder Asheesh Advani. Our post on Advani’s resignation has drawn a lot of comments, including accusations of sexism, racism, and general incompetence. [...]

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