Roundup of Social Lending News – August 4, 2012

Every Saturday I bring you the latest news from the world of peer to peer lending. These are the best of the news articles and blog posts from around the web that I shared on Twitter this past week.

Despite the UK being somewhat absorbed by the Olympic Games there were many articles from across the pond this week about p2p lending. But probably the most important article of the week came yesterday from New York Times financial columnist Ron Lieber. He has expressed concern in the past about p2p lending and while this article was about investing in general you can see that he is coming around to a more positive view of p2p lending. Enjoy your weekend.

NY Times – A Financial Plan for the Truly Fed Up

All Things Finance – Generate Income Through Peer-to-Peer Lending

Prosper – A spotlight: How Leonard paid down his credit cards for good

Bible Money Matters – Lending Club Returns At 12.02%: Lending Club Has Issued Over 775 Million In Loans To Date

AOL Money (UK) – Why I’ve started saving with RateSetter

NY Times – When Banks Won’t Lend, There Are Alternatives, Though Often Expensive

P2P Money Blog (UK) – RateSetter increase net lending to £20million

MarketWatch – Lending Club Taps Former Visa and Morgan Stanley Executive as Chief Technology Office (press release)

P2P Money Blog (UK) – Peer-to-peer lending exceeds £300million

DFW Preppers – Peer2Peer Lending: How Risky is it in Bad Economic Times?

Money Week (UK) – How to use money to make money

Random Thoughts – Mrs RT: Filtering the Currently Available Loans

  • Peter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.