The Economy
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October 10th, 2008 — , Lending Club, P2P Lending News, Prosper, The Economy, Zopa, risk from Personal Loan Portfolio @ Personal Loan Portfolio
I planned to blog in commiseration with Tom about being denied for a loan. Tom was denied for a Zopa loan and I was rejected for a GE Money Bank credit card through Amazon. GE Money Bank took 10 days to tell me that they could not verify my identity despite the promise [...]
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Continue reading → Zopa Closes: More Negative P2P Lending News
August 18th, 2008 — , The Economy, economy, mortgage from Personal Loan Portfolio @ Personal Loan Portfolio
For some time now, I have been warning about the mortgage crisis and its impact on P2P loans. The fact that Ed Mcmahon, Johnny Carson’s former sidekick, is in default on his home mortgage shows just how screwed up some Americans were in their thinking about debt, the housing market, and personal finances. [...]
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Continue reading → Donald Trump Saves Ed Mcmahon’s Mansion