Home » Archive for January, 2011
Three Lending Club Investment Strategies
Investors are facing more volatility in the stock and real estate markets and are turning to alternative investments to diversify their investment portfolio. Many investors are now giving peer to peer lending websites a look as a way... More of this article »
Goldman Sachs (NYSE: GS) Posts Q4 Earnings
Goldman Sachs (NYSE: GS) disclosed their fourth quarter earnings results earlier today, and the results are cause for concern at the behemoth investment bank. Goldman’s earnings fell 53% in the fourth quarter due to sharp declines... More of this article »
Mint.com Alternative: Are You Searching For A Mint.com Alternative?
Conducting a search for personal finance software can be a time consuming task, but by following a few simple tips, you can simplify your search and save yourself a great deal of time. There are several different methods that can... More of this article »
L-3 Communications (NYSE: LLL) Downgraded by Cowen to “Neutral”
Equities research analysts at Cowen downgraded shares of L-3 Communications (NYSE: LLL) from an “outperform” rating to a “neutral” rating in a research note to clients and investors on Monday. Separately, analysts... More of this article »
Citigroup (NYSE: C) Results Show Improvement, But Fall Short of Estimates
Earlier today, Citigroup (NYSE: C) disclosed their fourth-quarter earnings results. The news was positive in whole, showing net income of $1.3 billion after it recorded fewer losses from loans, allowing it to take money out of reserves... More of this article »
GoToMyPC iPhone: GoToMyPC iPhone Applications
The popularity of the Apple iPhone has led many companies to create iPhone applications that can be used to access popular programs from the iPhone instead of a traditional computer. These iPhone applications must be carefully coded... More of this article »
Lending Club Loan Types: Which Perform Best
Lending Club revamped the statistics section of its website last year and investors are getting a better idea of how different loan types perform. Previously, investors had some hints about what typed of loans performed better from... More of this article »
How to Get a Peer to Peer Loan Online
If you’re looking to get any sort of personal loan online, you’ll be hit with offers from hundreds of different finance companies and banks. Many of them are riddled by high interest rates and undesirable terms, but there are a... More of this article »
JPMorgan Chase (NYSE: JPM) Posts Big Fourth Quarter
The hits keep coming for JPMorgan Chase (NYSE: JPM). The house that Dimon built continues to post impressive earnings, even while competitors are still feeling the sting of the 2008 financial crisis. Today, JPMorgan Chase disclosed... More of this article »
Prosper.com Stops Lending to High Risk Borrowers
Prosper.com, a San Francisco-based peer to peer lending company, is no longer offering loans to high-risk borrowers. The change, viewed by many as an attempt to reduce default rates, comes as the company also eliminated its auction... More of this article »
Goldman Sachs (NYSE: GS) Has Big Empty Space in Zurich
Has the increased scrutiny surrounding Swiss bank accounts caused banks to second guess expansion plans in the region? Maybe. Although JPMorgan Chase (NYSE: JPM) recently announced plans to grow headcount in the region targeting... More of this article »
Reverse Stock Split for Citigroup (NYSE: C)?
During difficult financial times, many companies have seen their stock prices pushed to historic lows. In the financial services industry, the banks have been battered to below book value in many cases, and firms like Citigroup (NYSE:... More of this article »
Five Tips to Get Out of Debt
It is estimated that more than two-thirds of individuals are carrying crushing amounts of debt and the total debt of consumers across the nation has reached record levels over the last decade. Many people are drowning in debt... More of this article »
Mint.com Scam: What Is The Most Reported Mint.com Scam?
With any new business, consumers need to be wary of the business practices of the company and learn as much as they can about the company before doing business with them. Many companies have complaints leveled against them by disappointed... More of this article »
GoToMyPC Login: Getting Started with GoToMyPC
GoToMyPC.com is an internet-based service that allows users to access their computer files from any location with internet access. Obtaining a GoToMyPC login is not a difficult task and hundreds of people complete the process every... More of this article »
10 Tips to Help Buying Right Car Insurance in America
Car insurance is one thing no driver can afford to avoid. The consequences of driving without insurance in any state in America can be costly. In addition to having your driving license suspended, you could even face a jail term. Thankfully,... More of this article »
Better Loan Resolution for 2011: Credit Sesame and Lending Club Partner to Save People Money
SUNNYVALE, Calif – Jan. 12, 2011 – Credit Sesame, a free online tool that provides the best way for consumers to save money on debt and loans, has added Lending Club, the world’s leading platform for investing in and obtaining... More of this article »
Prosper.com and Lending Club: An Introduction to Peer to Peer Lending
Peer to peer lending companies have gotten a lot of coverage in major publications, such as Bloomberg News, as of late. Prosper.com and Lending Club are now issuing millions of dollars in loans each month, but both peer to peer lending... More of this article »
Goldman Sachs (NYSE: GS) Prop Traders To Start New Fund
As firms begin to implement the reforms mandated in the Dodd Frank Financial Regulatory legislation, one of the first areas to be impacted is the so called ‘prop trading desks’. One of the largest firms in this market to... More of this article »
Should You Get a Personal Loan from Lending Club?
Companies which operate peer to peer lending services, such as Lending Club, have seen significant growth in 2010 and into 2011. Consumers are using these services because they can get better interest rate for personal loans than they... More of this article »
Prosper.com Moves Away from “Auction Model” Peer to Peer Lending
Prosper.com, a company which allows members of its website to make loans to one another, has significantly changed its lending model. Previously, borrowers would place loan listings on Prosper.com and investors would bid to fund a... More of this article »
Bank of America (NYSE: BAC) Building New Fee Model, JPMorgan Chase (NYSE: JPM) Set To Follow?
While the Dodd Frank Congressional Finance Reform legislation created new regulations designed to protect consumers better than ever, it also cut off profitable lines of business for banks in the process. As a result, the nation’s... More of this article »
JPMorgan Chase (NYSE: JPM) Facing Mounting Legal Costs
Although most market participants agree that the worst of the financial crisis is over, the ramifications of it continue to be felt across the banking sector. JPMorgan Chase & Co. and the biggest U.S. banks face billions of dollars... More of this article »