Thursday, April 15, 2010 - 2:38 PM

Peer to Peer Lending - Comparing Lending Club with Prosper

The two big peer-to-peer lenders that are available in the US are Prosper Marketplace and Lending Club. This American Banking News post has a good summary of how their business models differ.

KenBDG5,176 posts since
Nov 29, 2009
Rep Points: 117,634

1. Friday, April 16, 2010 - 8:12 AM

Personally, I don't see why anyone looking for truly safe investments would mess around with peer to peer lending. I'm surprised that this material shows up on the Bank Blog site.

Anyway, people who want to take this route might find the following post useful: http://blogs.reuters.com/felix-salmon/2010/01/19/the-problem-with-peer-to-peer-lending/ .

Anonymous2,148 posts since
May 9, 2010
Rep Points: 3,153