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Prosper and Loanio Updates
This news is a week old, but I’ve been a little too busy to get it out. It seems like the SEC ordered a cease and desist. I have to admit that reading the legalese is not my specialty. So I don’t really know what it amounts to. If anyone wants to read it and [...]
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Zopa US is Dead
I hope you really like to hear about peer-to-peer lending news. Earlier today, I wrote about how Lending Club opened for business again and just before Prosper died (not in the traditional sense, just closed it’s doors for a potentially “several months” while it passes a few steps with the SEC). However, I really wanted [...]
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Thursday Blogger Shout-outs
I’m going to try something a little new and interesting this week. I thought I’d give a shout out to some bloggers and their articles that I find noteworthy. There are a lot of great personal finance articles, but this takes it a step beyond to the level of garnering a small amount of fame. [...]
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Zopa Scam? I Borrowed Money On Zopa. Here’s Why…
A couple of weeks ago, I went to Finovate Start-up to learn whatever I could from various financial company start-ups and report back to you. I hoped to find three or four gems in the 40 companies that presented. One of the companies that I was least interested in was Zopa. In the UK, Zopa [...]
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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 that “If they are [...]
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Finovate Demos – Part 4
In case you missed parts one, two, and three, I’m sharing my notes after seeing 40 start-up financial companies present their companies. Today, I’m rounding up the last of the four companies. BlingNation – You’d think this name would have something to do about pushing luxury branding, but that’s not the case. It’s yet another [...]