Stu’s Portfolio Report: September 2013

September has come and gone. School and football has started. Let’s see how I did.  All my below information is sourced directly from my monthly statements issued by the platform.  My private loan is taken from the Amortization table that I did myself to determine principal, interest and monthly payments. Loan by Loan Breakdown   … Read more

What’s the Risk? P2B Peer to Business Lending: The Quest for Returns

by Nik Milanovic, VP of Business Development, Endurance Lending Network Endurance is now known as Funding Circle US. [As with all other expert posts here, you will find my comments in parentheses. Our field of experts continues to grow…..] Peer-to-peer lenders are finally starting to pass the “grandma test,” the tipping point for any hot … Read more

Tax Corner: Tax Questions on Peer to Peer Loans Answered by CPA

If you have wondered what part of your investment in Peer to Peer loans may be taxable, then this post is for you. I am happy to introduce the tax corner. The information in this post is provided by my friend and outstanding CPA and tax whiz, Ian Schechter.  Here are some common tax questions … Read more

New and Other Peer to Peer Lending Sites

Since my focus here is on the 2 main US based ‘retail’ (meaning consumer based) lending platforms of Prosper and Lending Club, this can lead to the exclusion of other new and interesting platforms that also allow us to lend.  Here are some other really interesting and kinda cool lending platforms available based on your … Read more

Legal Corner: The Securities Act of 1934 and Peer to Peer Lending

By Jonathan Wilson, atty at Taylor English Duma In my last two posts I talked about the definition of a “security” and how that term is defined in federal securities statutes and the Howey case.  Because of that definition, we know that a security can include the common stock in a corporation, membership interests in … Read more

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 of Lend Academy, believe that the most accurate way to calculate returns is through Internal Rate of Return or IRR and/or its modified cousin XIRR.  … Read more

Legal Corner part 2: What is a Security? and in the P2P Lending World Why Do We Care?

In part 1, I introduced the P2P Lending Expert legal eagle, Jonathan Wilson, who is going to discuss legal implications and ongoing cases in the securities world and how they affect peer to peer lending, and especially how they affect the little guy like us. Again, my commentary is in parentheses. On to the Howey … Read more