Stu’s Portfolio Report: June 2013

Another month has gone by and here is the portfolio report. Let’s see how I did.  The process of putting money into my Lending Club account, as documented in my post about Comparing the Lending Platforms goes into effect here.   June 30 2013         Loan # Amount Lent Interest Rec’d Principal … Read more

How Does Prosper.com or Lending Club Make Money?

 This is an important question because if we want to use these lending platforms successfully, then we need for the platform to stick around. In other words, it has to make money so we can make money.  First, Prosper.com makes money on loan originations. When a loan funds through their platform, they charge an origination … Read more

How Risk Averse Are You?

  How you put your money into peer to peer loans or social lending is a byproduct of many factors. One of the biggest is our own tolerance for risk. Do you know what your tolerance for risk is? There are numerous self evaluating tools for this on the web. This is one of my … Read more