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 moreLegal Corner part 2: What is a Security? and in the P2P Lending World Why Do We Care?
I am happy to announce that this blog will now be broadcasting a regular Legal Corner discussing the legal aspects of recent court decisions and regulations involved that apply to the peer to peer lending industry. Our legal expert is Jonathan Wilson of Taylor English Duma. Jonathan is an expert in crowdfunding and has … Read moreLegal Corner: What is a Security? part 1
As reported in my recent post on my update to my portfolio, one of my loans within my Lending Club loan portfolio paid off after only one monthly interest payment. So this loan paid off successfully ( a plus) but I only made minimal interest prior to the payoff (a minus). So what do I … Read moreMy First Lending Club Loan Paid Off. Now What??!??!!
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 moreCredit Analysis: Credit Inquiries in P2P Lending
In my post about Comparing the Lending Platforms, I outlined how I have been trying to deploy $2500 in Lending Club loans and was having trouble getting all my money funded into loans. When I updated in the last post, it had taken me 20 loans at that time to try to fund 10 loans … Read moreStu’s Portfolio Report Update
The month of July came to a close and all of my loans paid on time. Some of the other p2p lending bloggers have been having an ongoing discussion about how to most accurately assess how returns are calculated. Some are big believers in Internal Rate of Return, otherwise known as IRR. That being said, … Read moreStu’s Portfolio Report: July 2013
Debt to Income (DTI) is one of the most important pieces of Credit Analysis that we need to learn in order to reduce our risk in investing in P2P Loans. My own Credit Analysis experience led to the development of my own Credit Scoring system and one of the most important factors is Debt to … Read moreCredit Analysis: Debt to Income
Hello all, Stu here. I am very excited to announce that I have been in talks with some other leading authorities in our field here and am hoping to get some regular guest posting from 2 especially interesting guys. One of them is a leading securities attorney who has done a number of PPM (private … Read moreExciting Announcements
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 moreStu’s Portfolio Report: June 2013
Many of you know that for the last month I have been trying to put some money to work at Lending Club. This post is about how that has gone and how it is affecting my portfolio. My first order to purchase notes from Lending Club was on June 5th, more than 30 days ago. … Read moreStu’s Portfolio: Comparing the Platforms