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7 Reasons Why P2P Lending is Good News for Imperfect Credit

7 Reasons Why P2P Lending is Good News for Imperfect Credit | P2P and Social Lending: Global Trends | Scoop.it
While many of us in the peer to peer lending world have the luxury of having extra cash to invest, the reality is that millions of people in our country struggle under the weight of bills and unpai...
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Here are seven reasons why peer to peer lending is revolutionizing lending practices to people with imperfect credit scores.

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P2P & Small Business Lending Platforms

P2P & Small Business Lending Platforms | P2P and Social Lending: Global Trends | Scoop.it
P2P & Small Business Lending Platforms http://t.co/iavFGw3xSe
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Nicola Horlick "City Superwoman" Shares Insight into Peer Lending

Nicola Horlick "City Superwoman" Shares Insight into Peer Lending | P2P and Social Lending: Global Trends | Scoop.it
Nicola Horlick "City Superwoman" Shares Insight into Peer Lending ...
Crowdfund Insider
She also announced her involvement in Money&Co – shifting some of her firepower to the booming peer to peer (P2P) lending space.
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P2P Lending Vs Crowdfunding

Christian Faes is the Founder of LendInvest SUBSCRIBE: http://bit.ly/SubscribeToSiliconReal Christian Faes is the Founder of LendInvest, a P2P lending platform focused on the property industry...
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P2P Lending – Average nominal interest rates in Q2 2014

P2P Lending – Average nominal interest rates in Q2 2014 | P2P and Social Lending: Global Trends | Scoop.it
P2P Lending – Average nominal interest rates in Q2 2014: After looking on the p2p lending loan volumes, today ... http://t.co/nGPq2z5V1D
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Financial Institutions Not Prepared For Digital Future

Financial Institutions Not Prepared For Digital Future | P2P and Social Lending: Global Trends | Scoop.it
Financial Institutions Not Prepared For Digital Future The Financial Brand “In fact, while lower acquisition costs and lower distribution costs are key metrics for neo-banks and P2P lenders, their ability to generate business purely through digital...
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Online P2P lending: A £1.5bn industry democratising finance

Online P2P lending: A £1.5bn industry democratising finance | P2P and Social Lending: Global Trends | Scoop.it
Samir Desai, CEO of Funding Circle discusses why the online peer-to-peer lending industry is expected to grow to more than £1.5 trillion by 2025.
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Credit Card Debt Could be Halved by P2P Lending

Credit Card Debt Could be Halved by P2P Lending | P2P and Social Lending: Global Trends | Scoop.it
Credit Card Debt Could be Halved by Peer to Peer Lending
Crowdfund Insider
Now with a growing number of peer to peer lending platforms seeking to capitalize on this market inefficiency, consumers finally have some relief at hand.
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Tim Simon, CEO of Madiston LendLoanInvest, Talks Future of Peer to Peer

Tim Simon, CEO of Madiston LendLoanInvest, Talks Future of Peer to Peer | P2P and Social Lending: Global Trends | Scoop.it
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Tim Simon, CEO of Madiston LendLoanInvest, Talks Future of Peer to Peer ...
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FCA Regulation is giving the industry credibility and attracting more attention to P2P lending companies, all for the right reasons.
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Regulator reveals thoughts on China’s P2P lending platforms

Regulator reveals thoughts on China’s P2P lending platforms | P2P and Social Lending: Global Trends | Scoop.it
Regulator reveals thoughts on #China’s P2P lending platforms http://t.co/F1Yicxa8Y5 #Legal http://t.co/toChf9rSTK
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RateSetter launches first UK P2P portal for advisers

RateSetter launches first UK P2P portal for advisers | P2P and Social Lending: Global Trends | Scoop.it
RateSetter launches first UK peer-to-peer portal for advisers AngelNews (press release) (subscription) New bespoke portal to empower IFAs on P2P · RateSetter risk-rated similar to cash by FE, the leading provider of investment analysis and research...
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Funding Circle Grabs $65 M

Funding Circle Grabs $65 M | P2P and Social Lending: Global Trends | Scoop.it
PYMNTS.com
Funding Circle Grabs $65 M
PYMNTS.com
UK-based small business P2P lending platform Funding Circle is $65M richer and planning to use that money to expand more aggressively into the US market.
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Startup Faircent Wants to Democratize P2P Lending

Startup Faircent Wants to Democratize P2P Lending | P2P and Social Lending: Global Trends | Scoop.it
Faircent is a P2P lending website whis building an online marketplace where lenders and borrowers aggregate to lend and borrower through a dynamic price discovery mechanism. (I hope they're forced to shut!
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P2P Crowdfunding with Poor Credit

P2P Crowdfunding with Poor Credit | P2P and Social Lending: Global Trends | Scoop.it
P2P crowdfunding portals can take risks banks cannot. Their rules are less stringent and all overhead costs are kept to a minimum.

Via Aaron Djekic
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Aaron Djekic's curator insight, July 19, 4:47 PM

For traditional loans, applicants need a credit score above 700 to be eligible for approval. Although numerous options exist for those denied by the banks, debt crowdfunding has emerged as a popular and viable choice for those in need of personal and professional financing. This is because leading peer-to-peering lenders like Prosper advertise rates for scores below 640; even those in poorer conditions can find opportunities to request a loan.

P2P crowdfunding portals can take risks banks cannot. Their rules are less stringent and all overhead costs are kept to a minimum. Since platforms operate solely online, such services can also pull third-party information to form fuller borrow profiles. The fact that loans rest on the shoulders of multiple investor spreads the risk as well, a factor contributing to bigger loans. Above all else, debt crowdfunding investors are more inclined to consider a borrower’s backstory in the lending decision.

- See more at: http://www.crowdclan.com/p2p-crowdfunding-poor-credit/#sthash.Qb5izen3.dpuf

For traditional loans, applicants need a credit score above 700 to be eligible for approval. Although numerous options exist for those denied by the banks, debt crowdfunding has emerged as a popular and viable choice for those in need of personal and professional financing. This is because leading peer-to-peering lenders like Prosper advertise rates for scores below 640; even those in poorer conditions can find opportunities to request a loan.

P2P crowdfunding portals can take risks banks cannot. Their rules are less stringent and all overhead costs are kept to a minimum. Since platforms operate solely online, such services can also pull third-party information to form fuller borrow profiles. The fact that loans rest on the shoulders of multiple investor spreads the risk as well, a factor contributing to bigger loans. Above all else, debt crowdfunding investors are more inclined to consider a borrower’s backstory in the lending decision.

- See more at: http://www.crowdclan.com/p2p-crowdfunding-poor-credit/#sthash.Qb5izen3.dpuf
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Peer-to-Peer Loan vs. Bank Loan (Infographic)

Peer-to-Peer Loan vs. Bank Loan (Infographic) | P2P and Social Lending: Global Trends | Scoop.it
Peer-to-Peer Loan vs. Bank Loan (Infographic)
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Funding Circle is one of the leaders in the peer to peer (P2P) lending space. The platform just announced a pretty huge investment to juice their global expansion.
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Record-breaking P2P loan from LendInvest repaid

Record-breaking P2P loan from LendInvest repaid | P2P and Social Lending: Global Trends | Scoop.it
Record-breaking P2P loan from LendInvest repaid
Financial Reporter
"We are experienced lenders, and we have what we believe is the best deal-flow and underwriting experience in the secured P2P market.
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Working out which of P2P lending or equity crowdfunding is best for investors

Working out which of P2P lending or equity crowdfunding is best for investors | P2P and Social Lending: Global Trends | Scoop.it
For investors looking for good returns, picking what type of alternative finance to engage with is an important decision.
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Tips for P2P Investors

Tips for P2P Investors | P2P and Social Lending: Global Trends | Scoop.it
Tips for P2P Investors
Gilmer Mirror
After the economy crashed in December 2007, nascent online peer-to-peer lending platforms quickly grew.
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Gareth Vaughan says P2P lending is an exciting financial services ...

P2P lending suffers from the same risks associated with any other credit provision institution, which include: identity theft, money laundering, terrorism financing, consumer privacy, and data protection violations.
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Funding small business through P2P lending-

Funding small business through peer-to-peer lending- Finance & Accounting, Lending Club CEO Renaud Laplanche on the growth of peer-to-peer lending for consum...
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P2P lenders install investor speed bumps

P2P lenders install investor speed bumps | P2P and Social Lending: Global Trends | Scoop.it
The biggest peer-to-peer lenders have been forced to slow down sophisticated investors from snapping up the most attractive loans. The FT reports. (#P2P lending - Individuals vs Big investors - how is the industry responding ?
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Guide to P2P Lending - Infographic

Guide to P2P Lending - Infographic | P2P and Social Lending: Global Trends | Scoop.it
  Share this P2P Lending infographic on your own site! Click to highlight, then copy the embed code- (RT @jounihintikka: Guide to P2P Lending - Infographic.
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International P2P Lending Services – Loan Volumes June 2014

International P2P Lending Services – Loan Volumes June 2014 | P2P and Social Lending: Global Trends | Scoop.it
International #P2PLending platforms' June loan volumes via @wiseclerk http://t.co/NC9T5eoOpq (http://t.co/VmzBRrw3YG)
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Top Facts About US P2P Lending

Top Facts About US P2P Lending | P2P and Social Lending: Global Trends | Scoop.it
Top Facts About US Peer to Peer Lending - Peer to Peer Lending (P2P) is a growing phenomenon in both the US a... http://t.co/jCoyQZNWHQ
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Loan Ranger Receives Strategic Investment from Liberum

Loan Ranger Receives Strategic Investment from Liberum | P2P and Social Lending: Global Trends | Scoop.it
Crowdfund Insider Loan Ranger Receives Strategic Investment from Liberum Crowdfund Insider Liberum was instrumental in the development of P2P Global Investments, the first UK-listed company dedicated to investing in loans originated by leading...
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Conference Agenda | P2P Lending + Investing

Conference Agenda | P2P Lending + Investing | P2P and Social Lending: Global Trends | Scoop.it
Save the Date! P2P: Lending & Investing will be October 6-7, 2014 at the Sheraton New York Times Square Hotel in New York, NY.
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