Posts Tagged ‘Lending Club’
Some of you may know that Lending Club has been in the quiet period for a while now. But Lending Club is still alive and well as could be seen by The PF Challenge game recently released on Facebook. If you have a chance, I’d encourage you to check it out and feel [...]
Initially, I wasn’t going to write about the change at Lending Club, because I didn’t want to speculate. But since I wrote about it a few times, I felt obligated to share my thought on this event to my readers.
A Quick Background
Lending Club is a peer-to-peer lending network where you could sign up as [...]
Last week, my friend Gibble sparked a little controversy with his post “Why I think P2P lending is a bad idea.” He believes peer-to-peer lending as bad because it propagates myriad problems caused by credit and debt. In his words:
“I’m not a fan of borrowing money and couldn’t in good conscience recommend these [...]
It has been a while since I wrote about my peer-to-peer lending investments. DebtKid recently interviewed me, and you can see our interview on Lending Club. One of the questions the stuck with me was: “Do you think P2P investments should fit into an investor’s portfolio?”
Peer to-Peer Lending Is Not Ready for Prime Time
In [...]
There are a lot going on at Moolanomy’s ideas factory. Unfortunately, I can’t write them down fast enough, but I want to share everything now — talking about patience! Anyway, here is a list of topics that I will be talking about over the next few days, may be weeks. I just [...]
In my post, “My Foray into Prosper as a P2P Lender,” one of my readers (PeerLend.com) introduced me to Lending Club:
“In early December [2007], Lending Club opened their (formerly FaceBook users only) lending application to the wider public. They do things a bit differently than Prosper, as they underwrite the loans (i.e., bucket by credit [...]
In the post, “My Foray into Prosper as a P2P Lender,” I shared my initial experience with Prosper. Since then, I have made a second loan and wanted to share some more information — the good, the bad, and the ugly.
The Portfolio Plan Disappointment
The last time I wrote about Prosper, I decided to start off [...]
One of my key believe about building wealth is (1) never stop experimenting, and (2) always look for ways to build, diversify, and shift my income streams toward passive sources. So I got interested when Prosper became an advertiser on my blog — thank god for the blog, because I wouldn’t have known about [...]
