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

Credit Analysis: Credit Inquiries in P2P Lending

One of the figures given in the Credit information section of the loan listing for both lending platforms is Credit Inquiries.  Simply put, a credit inquiry is when one of the 3 big credit bureaus (Equifax, Experian or TransUnion) issues a credit report to some outside party that requests it, usually with our permission. For … Read more