Social Lending

The Formula for Reducing Borrower Acquisition Costs

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A Common Problem in Peer to Peer Lending Marketplace lenders provide a valuable service by filling in some of the gaps for good loans that banks and brick and mortar finance companies can’t or won’t do. They have a problem across the entire industry here in the US; Borrower Acquisition Costs. Since most of the … Read more The Formula for Reducing Borrower Acquisition Costs

Emerging Market P2P Lender: i2iFunding Part 1

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The genius of p2p lending is taking advantage of a market of good quality borrowers that banks and other finance companies are avoiding, for whatever reason. And that model has been successful in Western/advanced economies like the US and the UK as well as China and the European Union. The model has shown it works … Read more Emerging Market P2P Lender: i2iFunding Part 1

BTCJam Tightens Up the Ship With 2 New Hires

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BTCJam is both the largest and the most controversial of the BTC based lending platforms. Much of the controversy surrounds trust issues in the platform. Some of Jam’s shortcomings have led investors to believe that they care about posting loans and generating fees more than they care about protecting those that invest in loans on … Read more BTCJam Tightens Up the Ship With 2 New Hires

Meet The Borrowers: Nick uses Prosper

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I don’t often talk about borrowers although I’ve had a couple posts on the combination of investor and borrower benefits of peer lending.  I have long advocated the community aspect of p2p lending as well as how we are helping a borrower while sticking it to some big institution (usually a high rate credit card … Read more Meet The Borrowers: Nick uses Prosper

Five Ways To Tell Your Grandma that Peer to Peer Lending is Safe

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By far the most common question I get from readers as well as friends and family is ‘Are peer to peer loans safe?’ Here are 5 things to tell your grandma about how and why it is safe to invest in this new asset. #1 This is what banks used to do Lending people money … Read more Five Ways To Tell Your Grandma that Peer to Peer Lending is Safe

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

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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 legal advice but you should reach out to him or comment here if you have a question or need for Jonathan’s expertise. This post is … Read more Legal Corner: The Legal Basis of How Prosper and P2P Lending Works

New and Other Peer to Peer Lending Sites

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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 New and Other Peer to Peer Lending Sites