Check Out Some of Our Most Popular Posts

<< >>

Savings Account Rates at Local Banks or Why I love P2P Loans

I am often asked why I like to utilize peer to peer lending and other related questions like “Is it risky?” The biggest reason why I am so excited about

How to Profit in a 20% Default Environment

The BTC lending environment is growing, yet volatile. While there is cause for concern, the USD lending platforms had higher defaults their first couple years too. Now 5-7 years down

What Types of Loans Can I Invest In on Prosper.com?

The Prosper.com loan site lists 11 different types of loans that are available. Those loans are: Debt Consolidation Home Improvement Short Term & Bridge Loans Auto & Vehicle Loans Small

Platform Risk: What Happened to Trustbuddy?

Platform risk is something mentioned here often yet rarely discussed in detail. Now we have an example of why thinking about the platform risk (the risk that the platform itself

BTCJam: Providing More Info but Still Falling Short

There’s quite a bit of debate in the Bitcoin Investing world about BTCJam. They are without question the largest BTC based peer lending platform and they have the most VC

Legal Corner: The Legal Basis of How Prosper and P2P Lending Works

by Jonathan Wilson, securities attorney at Taylor English Duma [Again, my comments will be in the braces otherwise this is all from our legal expert. None of this is personal

Calculating Returns: IRR or XIRR vs ROI

There’s been much debate in the blogging world for p2p lending about how to calculate returns on our loan portfolios.  Some very prominent people in our industry, including Peter Renton

How does Prosper.com rate its loans?

So let’s jump right in. How Does Prosper.com rate its loans? Prosper.com is one of the leading peer to peer lending sites on the web today. Prosper was the first

The Fitch P2P Lending Report: 5 Things They Got Right and 3 Things They Got Wrong

The Fitch ratings agency, who along with Standard & Poor’s are the 2 largest US based ratings agencies just released their first report on Peer to Peer Lending. While the

The Six Things I Learned My First Month Lending in Bitcoin

My first month investing in peer loans based in Bitcoin (BTC) has come to a close and I have learned some VERY important lessons.   Lesson 1: LC is Blind

LoanHero: Marketplace Lending at the Point of Sale

This week the largest conference in the peer to peer/marketplace lending industry, LendIt 2016, is going on. In the days leading up to the conference, I got the chance to speak to lots of movers and shakers including platform operators. One of the most interesting lending platforms out there is a new area for p2p lending but one of the oldest forms of financing, POS financing or financing at the Point of Sale. How many of you are old enough to remember when stores used to do lay away? The Click Here To Continue

Auto Invest Update: March 2016

So far, I can honestly say I have one success and one failure on my AutoInvest program. Let's start with the failure first. This isnt exactly my fault but my adding Bitcoin to my BTCJam account happened to almost exactly coincide with their announcement that they are exiting the US in terms of lenders and borrowers. Jam has said its for 2 reasons: regulatory climate in the US and their founding as an emerging market (Brazil first) lending platform to give options to those in these emerging markets Click Here To Continue

What’s New This Week in FinTech

There's lots of news in FinTech so let's look at some of the bigger stories from the last week. Is there trouble with funding for p2p loans? A Bloomberg article from earlier this week discusses how investor service Moody's is downgrading a portion of a group of bonds issued backed by loans on the Prosper platform. Impact: For you and me this seems like it would not be that impactful as this is very large institutional high finance stuff. However, the velocity of money, how fast money moves, Click Here To Continue

Auto Invest Update #1

I'm not done setting up all my AutoInvest stuff yet, however 2 of my 3 accounts are set up: BTCJam and Loanbase.  I thought I would show a screenshot from each and let the picture tell the story. BTCJam I started with BTCJam so I thought I would show theirs first. What you don't see here are two things: 1) the term I selected caps out at 6 months so no 12 month loans for me and 2) No loans selected. There are only 13 active loans listed and most of them are 1 year loans. The resulting Click Here To Continue

AutoInvest Step 2: Loanbase

The AutoInvest experiment continues. My first stop, as I documented already in AutoInvest Step 1 was BTCJam. Now it's time for the 2nd stop, Loanbase. I've made no secret of the fact that while all the platforms do things well and all of them have shortcomings that Loanbase is my favorite for a combination of reasons. These reasons include things like user interface and better searching/filtering features for me to figure out which loans I want to invest in with my coin. But this is AutoInvest. Click Here To Continue

AutoInvest Step 1: BTCJam

As I mentioned in this previous post, I am starting on AutoInvest on the big 3 Bitcoin lending platforms. In order to measure the returns and start the experiment, I have to actually start the experiment so I'm starting with what is still the largest Bitcoin lending platform, BTCJam. Jam makes AutoInvesting pretty easy. First, where do you find it? Right up at the top next to the Dashboard, there you go. Nice and easy. After clicking on that, I see this Note that they say it is in Click Here To Continue

Announcement: The BTC AutoInvest Experiment

When people find out I have some expertise in Bitcoin based lending, one of the most common questions I get is about the AutoInvest feature offered by the big 3 lenders. For infrequent readers, the big 3 Bitcoin lenders are BTCJam, Loanbase and Bitbond. They are the Big 3 because they have gotten outside funding and enough funding and legal advice to ensure they are at least legally compliant with Bitcoin in their home jurisdictions. All other Bitcoin peer lenders (other than exchanges) are Click Here To Continue

Stu’s Portfolio Report: December 2015

December ended what looks like a profitable 2015 for me in my quest for peer lending profits. Let's see how I did. 12/31/2015 Interest Rec'd Net Interest Principal Rec'd Principal Remaining ROI Bitcoin Loans 39.33 39.33 452.9 608.076 0.96% Prosper Loans 29.51 27.31 144.49 2504.05 1.09% Lending Club Loans 33.23 32.52 113.88 2495.49 1.30% High Rate Portfolio on LC 12.74 11.74 34.11 877.9 1.34% Totals 114.81 110.9 745.38 6485.516 1.71% Bitcoin Click Here To Continue

Open Letter to the Bitcoin Community

Bitcoiners, slow your roll. Relax.  We all know by now that core developer Mike Hearn has chosen to leave the Bitcoin project and read his scathing critique about Bitcoin being a failure. You know and I know that it’s not a failure, that it’s a work in progress. This does not mean we (the Bitcoin community) should act like a jilted lover and lash out at Mike or his claims with strong denials and claims of how crazy he is when some of his points are valid. A couple of the things he Click Here To Continue

Why I Like Fixed Rate Pricing for Bitcoin Loans

  With the moves made in December by Loanbase, now all of the big 3 BTC lending platforms (BTCJam, Loanbase and Bitbond) have fixed rate pricing for loans on their platforms. Fixed as in every A rated loan on the platform pays XX% interest and every B rated loan pays YY% interest. This is a very controversial topic in Bitcoin lending communities and it makes sense that it would be, especially since 2 key features of Bitcoin (and its enthusiasts) are decentralization and consensus. Click Here To Continue