Roundup of Social Lending News – June 9, 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.

The biggest news of this past week was undoubtedly the new venture capital funding at Lending Club from Kleiner Perkins. This article was covered by pretty much every major business publication online (as well here on the Social Lending Network). I have included two articles, from the dozens published, on this big news below. Perhaps equally important this week was the article on Forbes that talked about 10% yields from p2p lending – getting exposure from such a highly read publication is only going to help the cause at Lending Club and Prosper. Enjoy your weekend.

BBC (UK) – Peer-to-peer lending via the internet hits £250m

Nickel Steamroller – Balancing Your Portfolio by Loan Term – 36/60 Month

Random Thoughts – Lending Club Loan Credit Grade – Is There Demand for High Interest Loans?

Nickel Steamroller – June P2P Portfolio Update

Wall Street Journal – Lending Club Gets $15 Million Backing From Kleiner Perkins

Bloomberg – LendingClub Brings Another Morgan Stanley Bigwig on Board

Go Banking Rates – Why It’s so Hard to Get Small Mortgage Loans of Less than $50k

ClickZ – Peer Learning: Gaining Insights From Social Lending Platforms

Forbes – Looking For 10% Yields? Go Online For Peer To Peer Lending

Harvard Business Services – 101: Peer-To-Peer Business Funding

Thomas DeLong – 25% y/y Seasoned Returns in May with P2P Lending on Prosper

Leigh Drogen – Complete Lending Disruption

Random Thoughts – Days Between Listing and Issuance of Lending Club Loans – Rush at Listing Expiration

Get Out of Debt Guy – Unsecured Debt Consolidation Loans Like This One Can Help to Get You Out of Debt

  • Peter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s first and largest digital media and events 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. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.