Moolanomy
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Posts Tagged ‘p2p’

Why Lending Club Has Stopped Taking New Lenders

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 [...]

Carnival of Peer-to-Peer Lending #7 — Rate Cuts Hit Prosper

Welcome to the Carnival of Peer-to-Peer Lending #7: “Rate Cuts Hit Prosper” Edition! When I first started investing in Prosper last December, the estimated return for a Conservative Portfolio Plan was 9.20%. Last time I checked, this number was down to 8.00% and it’s even having problem winning bids at this lower rate. [...]

Peer-to-Peer (P2P) Lending and Bloggers Ethic

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 [...]

Lending Club Highlights and Giveaways

In my previous post on peer-to-peer lending, I indicated that these networks are not quite ready for prime time yet. One reason was the stability of these companies, which was promptly addressed in the comments section — specifically, a 3rd party loan servicing agent will service the loans in case something happens to these companies. [...]

Is Peer to-Peer Lending Ready for Prime Time?

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 [...]

What Is Your Thought On Socially Responsible Investing (SRI)?

Recently, I wrote about lending money on Prosper, which is one of the many peer-to-peer lending networks that are popping up everywhere. The post itself didn’t say anything about socially responsible investing (also known as, SRI, morally responsible investing or ethical investing). However, a lively discussion on this topic came up when Kevin [...]

Preview of Upcoming Articles at Moolanomy

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 [...]

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