A Different Kind of High-Yield Investment

The concept itself is simple: Peer-to-peer lending creates the shortest possible distance between individual investors and individual borrowers, the source of capital and the use of capital. When you cut out the big banks, you create some savings that can then be passed on.

A free-market solution to earn income by letting an individual be their own bank.  This idea may be able to safely generate a 6-15% interest on your savings — allowing you a five-10-fold boost over annual savings and CD rates.


Technology is disrupting financial services at a quickening pace

The pace of new developments in technology is unrelenting, and perhaps no industry is experiencing a more dramatic reinvention than financial services. Every corner of this vast industry is undergoing radical change as technology enables new opportunities for those who are nimble, and presents a substantial threat to those who are slow to embrace change.

Whether it’s spending, saving, borrowing, or investing your money, the recent impact of technology is dramatic.

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Lending Club Offering a Record Number of New Loans

From an Investor’s perspective, Lending Club loans available on the platform vary from around 700 to 1,000 new loans per week. However, between June 3rd and  June 11, new loans available jumped from 833 to 1,844, with over 1,200 loans issued in the same period.

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Lending Club Raises $17.5 Million From Kleiner Perkins and John Mack

Lending Club the social (or peer-to-peer) lending site, has raised $15 million from Kleiner Perkins Caufield &Byers and $2.5 million from John Mack, the former CEO of Morgan Stanley.

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How it works: Debt consolidation with Prosper.com

“Debt consolidation” can sound complicated and downright confusing. But it’s really just about reducing your debt to a single monthly payment and then making a commitment to getting rid of it forever.

You could pay off your debt faster and pay lower lifetime interest and fees.

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Every P2P Loan is Getting Funded at Lending Club

September of last year, was the last time a loan was listed on Lending Club’s platform that did not get funded.

Not every listing becomes a successful loan – some are removed because they fail some form of verification; others are removed by the borrower. But according to Lendstats the last time we saw a valid loan on Lending Club not get funded by investors was in September, 2011.

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Peer To Peer Lending Crosses $1 Billion In Loans Issued

Peer to peer (p2p) lending was always an idea with great potential. It is a simple concept. Match people who want to borrow money with people who want to invest money.  Today Lending Club and Prosper are thriving as the industry is gaining widespread support from borrowers and investors alike.

With greater than 100% year over year growth p2p lending is one of the fastest growing investments. Industry volume is now over US$50 million in new loans a month and over the Memorial Day long weekend total loan volume passed the US$1 billion mark since the industry began back in 2006.

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