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Prosper Borrowers: Buy My Endorsement For A Better Loan Rate
Note to Reader: I intended the following to be a piece of satire in the same idea of Jonathan Swift’s A Modest Proposal. Since I’ve written about 17 million words being a Prosper “fan boy”, I thought it would be fairly obvious that I wouldn’t hurt the marketplace by actually selling my endorsement. [...]
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Lending Club Update
While I was asleep at the wheel on Friday, Lending Club came through with an update on their quiet period. When we last left them, I declared Lending Club is Dead. I admit that I was going for a sensational headline, but I still maintain that I wasn’t irrational. When a start-up [...]
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Carnival of P2P Lending #9 - Cinco de Mayo Edition
Happy Cinco de Mayo! In a few hours from now I’ll be having tacos and maybe a cerveza. I draw the line at doing a hat dance. Grab yourself some nachos and chew on these articles about P2P lending…
Moolanomy spectulates why Lending Club has stopped taking new lenders. Interesting thought [...] -
Lending Club is Dead
I, like many other Lending Club members, received a distressing e-mail a couple of days ago. I waited until now to sort out how I feel about things. Here are the highlights that I found interesting:
Lending Club has started a process to register, with the appropriate securities authorities, promissory notes that may be [...] -
Call for Articles on Peer-to-Peer Lending
The Carnival of Peer-to-Peer Lending is going to be hosted at Brip Blap in the next few days. The deadline for getting in submissions for that is today. If you are a blogger and write about peer-to-peer lending I encourage you to submit an article today.
