Legal Corner: What is a Security? part 1

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

My First Lending Club Loan Paid Off. Now What??!??!!

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??!??!!

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 moreCredit Analysis: Credit Inquiries in P2P Lending

Stu’s Portfolio Report: July 2013

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

Credit Analysis: Debt to Income

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

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 moreStu’s Portfolio Report: June 2013

Stu’s Portfolio: Comparing the Platforms

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

Savings Account Rates at Local Banks or Why I love P2P Loans

I am often asked why I like to utilize peer to peer lending and other related questions like “Is it risky?” The biggest reason why I am so excited about this lending platform is that it bucks the trend. What I mean is, as of today in June 2013, we are in the midst of … Read moreSavings Account Rates at Local Banks or Why I love P2P Loans