SoFi lets you invest in your school’s next great grads
For Heidi Roizen, Stanford University is more than just the place at which she earned her degrees. It is also a community. Since completing her MBA in 1983, the entrepreneur has held a number of...
View ArticleBrokers report increase in alternative finance for buy to let property investors
Buy to let property investors in the UK are making more use of alternative finance as the mainstream lenders remain hesitant, according to new research published today (Friday 20 April). A record 36%...
View ArticleGoogle makes investment in Lending Club
Google Inc. is making a play into peer-to-peer lending. The Internet search giant is making the bulk of a $125 million investment into San Francisco-based Lending Club, in a deal which values the...
View ArticleOnline peer-to-peer lender to refund savers if borrowers default
(Reuters) – An online service that enables savers to earn interest by loaning money to other members of the public is introducing a back-up fund to reimburse loans made from Tuesday onwards if...
View ArticleLending Club – a critical review
The Lending Club is an online financial community that brings together creditworthy borrowers and savvy investors so that both can benefit. Investors can own parts of loans in increments as low as $25...
View ArticleLending Club shuffles around shareholders to make room for Google
Google has taken a minority stake worth in Lending Club. The deal was part of a $125 million secondary transaction where existing investors sold portions of their shares to new investor Google and...
View ArticlePeer-to-peer lending: are the returns worth the risk?
If peer-to-peer sounds to you more like a badly spelt seaside jaunt than a viable investment opportunity, you might be missing out on the financial revolution of the decade. Andy Haldane, director of...
View ArticleFitch says China credit bubble unprecedented in modern world history
China's shadow banking system is out of control and under mounting stress as borrowers struggle to roll over short-term debts, Fitch Ratings has warned. The agency said the scale of credit was so...
View ArticleBig banks are violating national mortgage settlement, report says
A new study confirms allegations made by state prosecutors that some of the nation’s biggest banks are violating the terms of the $25 billion national mortgage settlement, the landmark agreement to...
View ArticleCrowdfunding Trends: Which Crowdfunding Sites Will Survive
According to industry estimates, there are currently over 500 active crowdfunding platforms – some sources have quoted 9,000 registered domain names related to crowdfunding. While these platforms vary...
View ArticleFDIC’s Hoenig: Big Banks Could Need Bailouts if Crisis Recurs
Thomas Hoenig, vice chairman of the Federal Deposit Insurance Corp., said that while his agency can handle the wind-down of one big failing bank at a time, a larger crisis could lead to talk of...
View ArticleCan’t Get A Bank Loan? Turn To Your Neighbor
When bank lending slows down, as it did during the 2007-08 financial crisis, people start to have more trouble accessing the credit markets. But that doesn't mean they stop looking for ways to borrow....
View ArticleThere will be no economic recovery with the big banks in charge
There must be more competition in the banking sector or economic recovery will never happen, warns the EEF. The Parliamentary Commission on Banking Standards (PCBS) have recently written a report...
View ArticleCrowdfunding market will be learning process: study
When rules concerning equity crowdfunding are eventually handed down by North American regulators, there will be “spectacular failures” as investors and startups “lose significant sums” in litigation...
View ArticleLending Club vs. Prosper: Tale of the tape
Have some of the happenings from the past five years left you a little concerned about your portfolio? Are you looking for ways to diversify it and give yourself additional income options? You’re not...
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Peer-to-peer lenders provide effective alternatives
This is not your father’s bank loan. In fact, it’s not his blue-chip bank stock either. Peer-to-peer lending is a unique vehicle that offers options for both borrowers and investors. People in need of...
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Putting your trust in trust deed investing
Tired of dealing with a bank? Then it might be time to put your money where your house is. Not the one you’re living in, mind you, the fixer-upper that you want to flip for a profit. Private money...
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Money360 experienced 250% increase in January loan matches
Money360, Inc. is adding several of the nation’s lowest-rate mortgage lenders to its national platform, which already includes hundreds of mortgage lenders across the country. “We are focusing on...
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SoFi lets you invest in your school’s next great grads
For Heidi Roizen, Stanford University is more than just the place at which she earned her degrees. It is also a community. Since completing her MBA in 1983, the entrepreneur has held a number of...
View ArticleStudent loan refinancing to become a “no-brainer”
There is an estimated $1.2 trillion worth of outstanding student loan debt in the United States, but for certain borrowers, the problem of over-borrowing and letting interest rates sink students...
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