Peer-to-Peer Lending

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How your business profits can help other people

When it comes to owning a business, it’s not all about making the most profit possible. It isn’t just about increasing the bottom line, hiring more employees, or making more money. Ultimately businesses have the reach, power, and influence to make a real difference in life for millions of people and have been responsible for […]
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This Week in Peer to Peer Lending: 12/26/2011

Here are some of the latest peer-to-peer lending and financial innovation stories from around the web: Roundup of Social Lending News – December 24, 2011 – 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 […]
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Prosper Loans

For borrowers who are looking to bypass traditional lending rules, peer to peer lending may be an option. One of the big peer to peer lending sites is Prosper.com. this service facilitates peer to peer lending allowing borrowers to procure loans from those willing to invest money in exchange for a relatively high return. Finding […]
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Research Shows Prosper.com Is Not A Scam

Peer to peer lending is still a relatively new concept in the world of investing and lending.  Compared to banks and other financial institutions which have been operating for generations, personal loans through an online collaboration of borrowers and investors is only a few years old.  As such, many people question whether companies like Prosper.com […]
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Prosper Loans Scam: Is Prosper.com a Scam?

Financial scams are all over the internet and you have to do your research and be very wary of any company that promises you a great deal on a loan, suggests a great new investment opportunity or says that they’ll fix your credit problems over night. When Prosper Loans came on the market, they set […]
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Lending Club Scam: Should You Be Worried?

Lending Club has now issued more than $200 million in loans to borrowers through its peer-to-pere lending marketplaces, yet many consumers still have concerns whether or not Lending Club is a scam or whether or not the company is defrauding consumers in some other way. It’s natural to have some level of concern about financially […]
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Students Beginning To Benefit From Peer To Peer Lending

Student loan borrowing options have always been difficult to understand, but new players in the market are making the industry simpler and more streamlined for harried college students.  Peer to peer lending networks are now providing students with borrowing opportunities outside of traditional lending institutions in order to help them meet the high costs associated […]
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Is Peer To Peer Lending The Right Solution For You?

People that are feeling financially strapped know that there are few options available for debt relief but many do not realize that peer to peer lending may be a viable solution for their problem.  Peer to peer lending websites facilitate loans between strangers without using a traditional banking institution for servicing the loan.  Individuals that […]
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Madiston PLC to Launch New U.K Peer-to-Peer Lending Site “LendLoanInvest”

Madison PLC will be soon launching a peer-to-peer lending site in the United Kingdom. The site will operate under the name “Lend Loan Invest” and will make use of the domain, LendLoanInvest.Co.Uk. Madison PLC has not announced when it’s planning to launch its new peer to peer lending service, but says on its corporate website […]
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Alternatives To Traditional Banking Offered By Eager Online Entrepreneurs

A growing number of online startups are beginning to use technology to offer services previously limited to banking institutions.  Now these startups are offering the same or similar services at lower prices because of lower overhead and staffing costs.  One of the largest of these new companies is Prosper, a peer to peer lending exchange […]
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Prosper to End Automated Investing Plans in June

Prosper.com revealed that they plan on eliminating their automated plan system by the end of June in a recent filing with the SEC. The disclosure in their 10K form states that they plan on replacing the automated bid system with a new loan search tool that allows lenders to find loans based on criteria that […]
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MicroVentures Merges Venture Capital and Peer to Peer Lending

MicroVentures Marketplace has launched a new service that aims to bring concepts from peer to peer lending into the world of venture capital. The company allows businesses in a number of sectors to raise funding from individual investors on its platform. Businesses looking to receive funding pay a $100 preliminary application fee. If MicroVentures approves […]
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Biggest UK P2P Lenders Compared

P2P lending has become a popular way for individuals to borrow and invest money without lining the pockets of the largest financial institutions with outrageous fees and charges.  The largest P2P lenders in the UK offer interest rates that are often much lower than what is charged for credit cards or traditional loans from banking […]
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Lending Club Surpasses More than $255 Million in Loan Originations

Lending Club, a peer-to-peer lending company, has now originated more than $255 million in loans to consumers. The news comes just three months after the company announced that it had surpassed $200 million in loan originations. As of April 16th, Lending Club’s statistics page showed that $255,003,975 had been setup by the company. Here’s the […]
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Prosper.com Celebrates Five Years of Peer to Peer Lending

Prosper.com, a California-based peer-to-peer lending company, recently celebrated the fifth anniversary of its founding. The company pioneered the peer to peer lending business in which borrowers take out loans from borrowers through its peer to peer lending marketplace. Prosper.com celebrated the anniversary by agreeing to pay a borrowers’ second payments that registered for loans on […]
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