Home » Industry News
Lending Club Surpasses $200 Million in Loan Originations, Now World’s Largest P2P Lending Firm
Lending Club, a San Francisco-based peer to peer lending company, announced that it has origination more than $200 million in loans since 2007, making the company the largest peer to peer lending company in the world in terms of total... More of this article »
Prosper.com Releases 2010 Peer to Peer Lending Market Data
Prosper.com, a peer to peer lending company based out of California, recently announced its lending data f or the year of 2010. The company boasted that its investors have earned, on average , a 10.1% rate of return. Here’s the... More of this article »
How to Get a Peer to Peer Business Loan for Your Company
If you’re a small business owner and need to take out a loan, you’ll have a hard time getting one from a bank, but you might be able to get one from individuals via a peer to peer lending company. Typically funds from angel investors... More of this article »
Lending Club Investment Strategies: How to Pick Good Borrowers
Investing in consumer debt through peer to peer lending companies is becoming an increasingly popular investment for those looking for exposure outside of the stock market, but not everyone have had success. To be a successful peer... More of this article »
Advantages and Disadvantages of Prepaid Cards
Many people have struggled to obtain credit in recent years and it has been estimated that there are around 50 million Americans that are ineligible for credit. And even those with good ratings have seen their limits eroded by banks... More of this article »
Prosper.com and Lending Club Borrowers: How to Get Your Loan Funded
If you’re looking to get a loan on Lending Club or Prosper as a borrower, you will have to create a loan listing and clearly communicate what your needs are for a loan so that it can get fully funded. Many loans do get fully funded,... More of this article »
Prosper.com and Lending Club: Which Company Has the Best Interest Rates?
Both Prosper.com and Lending Club offer fixed-rate unsecured loans that amortize over a period of 3 years or 5 years. Although the loan products that borrowers are getting are essentially the same from both companies, the interest... More of this article »
Consolidate Your Credit Card Debt With A Balance Transfer Credit Card
If you have a stack of credit card bills that come in at various times of the month, all with different due dates and mounting balances, isn’t it time to take control? Getting a balance transfer credit card may be just what you need... More of this article »
Comparing Peer to Peer Lending and Online Savings Accounts
The Federal Reserve appears to have no interest in raising their target interest rate above near zero for the immediate future, leaving interest rates on savings accounts depressed. “High-Yield” savings accounts are offering interest... More of this article »
Lending Club Partners with Credit Sesame
UNNYVALE, 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 Cuts Interest Rates for Borrowers
Prosper.com, a company which operates a peer to peer lending marketplace, has recently decreased the interest rates that it charges to borrowers. Previously, borrowers with Prosper.com’s top credit rating would pay interest rates... More of this article »
Is a No Fee Balance Transfer a Good Move?
Many credit card companies are advertising deals on balance transfers to their cards and some of the deals sound great on the surface, but it can be difficult to tell whether the balance transfer terms that the company is offering... More of this article »
How to Consolidate Your Debt with a Lending Club Loan
As the economy moves beyond the era known as the great recession, consumers are increasingly paying off their debt to get on a better financial footing. Many successfully use strategies such as the “debt snowball” to pay off debt.... More of this article »
The Best Ways to Change Your Currency When Abroad
Changing currency when abroad is easy, but different ways of exchanging currency offer different rates. Especially in tourist or business areas, competition among foreign exchange services means that getting a better rate may just... More of this article »
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 »
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 »
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 »
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 »
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 »