Why New Investors Should Get Into P2PLending

Diversification. This is a word used often in the investments world and it’s based on the idea that you shouldn’t put all your risk into one investment. ‘Don’t put all your eggs in one basket’, right? But diversification is more than just spreading your money out over numerous investments. It also means you need to … Read moreWhy New Investors Should Get Into P2PLending

Marketplace Lending 2016: Bruised but not Broken

2016 was a tumultuous year in p2plending. Maybe it’s related to growing pains or maybe to something else entirely. The industry definitely took its bumps. Let’s look at some of the major trends in marketplace lending over the course of this year. Lending Club’s Issues Founder and former CEO Renaud LaPlanche was the biggest story … Read moreMarketplace Lending 2016: Bruised but not Broken

Earn Money and Do Good with New Platform AHP

The best lending platforms have a win/win or win/win/win scenario built into them from the beginning.  Prosper lets borrowers consolidate credit card debt. Instead of paying 16% to these credit card issuers they pay 7 or 8% to us. Prosper wins by originating the loan. Borrower wins by saving 800 basis points interest. Us lenders … Read moreEarn Money and Do Good with New Platform AHP

Should Retail Investors Care About Madden v Midland Funding case?

Madden v Midland Funding Some of you may have heard about this case and that it may/might/could/is already affecting marketplace lenders. Miss Madden had a Bank of America credit card and defaulted on her payments. Midland Funding is a debt buyer and collection agency based in San Diego. Midland bought the debt of Miss Madden, … Read moreShould Retail Investors Care About Madden v Midland Funding case?

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 … Read moreWhat’s New This Week in FinTech

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 … Read moreAutoInvest Step 2: Loanbase