After the Loanio launch yesterday, already some more loan listings are up at Loanio.com. Right now I count 8 listings. Probably more are in the making. No bids yet, which is not surprising as the lenders have to sign up and transfer money to Loanio first.
Michael Solomon, the CEO and founder of Loanio had a [...]
listings
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Reduced Listing Riverfront Restaurant Bar Business |
US $180,000.00 | Sale |
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Test listing PLS DO NOT EMAIL Test AD Format RY |
US $123,456.78 | Sale |
Loanio - more loan listings on first day
October 2nd, 2008 — , P2P Lending, US, launch, listings, loanio, loans, michael solomon from wiseclerk @ P2P-Banking.com
Base rate increases by 25 bps on Monday, January 21
January 21st, 2008 — Announcements, CEO announcements, Lending Club, base, december, demand, increases, listings, refine, soaring, supply from Renaud Laplanche @ Better Rates. Together.
Free markets are characterized by prices that vary as a function of supply and demand, and Lending Club is no exception. Demand for loans within the Lending Club community has increased 3-fold in the last 30 days, soaring from 100 active listings in December to 300 active listings today. All loan requests are posted by [...]
Related StoresContinue reading → Base rate increases by 25 bps on Monday, January 21
Base rate increases by 50 bps on Monday, December 24
December 23rd, 2007 — Announcements, CEO announcements, Lending Club, News, applications, december, demand, hike, listings, stands, supply, tomorrow from Renaud Laplanche @ Better Rates. Together.
In free markets, prices vary with supply and demand, and Lending Club is no exception. Until now, the Lending Club social lending community has enjoyed a near-perfect equilibrium of supply and demand, with funds available to lend slightly exceeding qualified loan applications.
The relaunch of our Facebook application and the addition of other online communities [...]
Continue reading → Base rate increases by 50 bps on Monday, December 24
Responsible lending, better returns
December 9th, 2007 — CEO announcements, Lending Club, applications, excluding, fluctuate, listings, million, relaunch, respectable, starters from Renaud Laplanche @ Better Rates. Together.
With the relaunch of our Facebook application and more alumni associations and other communities joining the Lending Club network, the number of active loan listings on LendingClub.com has jumped from 60 a couple of weeks ago to 115 this morning, totaling more than $1.35 million. Lending Club borrowers with loan requests on the site enjoy [...]
Related StoresDisciplined Lending
November 3rd, 2007 — Financial Education, Lending Club, discipline, disciplined, exceptions, listing, listings, status, temptation, utilization from Renaud Laplanche @ Better Rates. Together.
“It’s only when the tide goes out that you discover who’s been swimming naked.”
– Warren Buffett
Disciplined lending is about adopting credit standards and enforcing them with very little or no exceptions. Disciplined lending is hard. Lenders are businesses, and businesses need to grow. There is often pressure, and temptation, on lenders to make all kinds [...]
