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October 9th, 2008 — , P2P Lending, peer to peer lending, regulation, social lending from Colin @ CommunityLend blog
It is a little sad that we see Zopa US close shop apparently following the participating Credit Unions inability to adequately fund the loans. We had always known the US Zopa was an entirely different model, with the Credit Unions being the sole lenders, and then the credit crisis came along. Nonetheless we will miss [...]
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Continue reading → Not so good news, and some great news | Zopa
August 4th, 2008 — , regulation from Colin @ CommunityLend blog
LendingClub has filed a revised S-1 with the SEC. This suggests progress, and will be as a result of comments on the original S-1. Comments from the SEC are not public until final approvals.
www.sec.gov
As filed with the Securities and Exchange Commission on August 1, 2008
UNITED STATES SECURITIES [...]
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Continue reading → LendingClub file revised S-1; suggests progress being made
July 23rd, 2008 — , Australia, Lending Hub, lendinghub, lendinghub.com.au, pre-launch, regulation, uniform consumer credit course from wiseclerk @ P2P-Banking.com
Lending Hub - an australian p2p lending site, which says it will launch in August or September 2008, has set an ambiguous aim: processing borrowing and lending applications in real time.
The Lending Hub system will check and process a borrowing application within less than a minute (assuming you have a traceable credit history and have [...]
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Continue reading → Australian Lending Hub aims at real-time verification