Today another selection of interesting articles on p2p lending was compiled. A highlight is Dough Roller's comparison between Prosper and Lending Club explaining the differences in determining interest rates for loans.
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P2P lending articles
Prosper.com recently changed it's portofolio plan segment criteria and the bidding guidance. A longtime lender speculates in an analysis that the changes were necessary due to rising default rates.
Yesterday a collection of interesting articles was compiled at BripBlap: Continue reading
Download Zopa default rate figures
British Zopa.com just published a spreadsheet with Zopa default rate figures. The weighted average of overall defaults is a tiny 0.1% ! Even more interesting all defaulted cases happened in 2005 or the first half of 2006.
Another interesting read is this case study on Zopa (published late 2006).
Update on Lendingclub launch
Following up on my earlier post regarding the LendingClub launch read Colin Henderson's view on this. Furthermore in this blog it says (without giving sources):
For the moment, the site is only accessible through Facebook, but will eventually be available to the public.
Ireloans to offer p2p lending in Ireland
Ireloans.com has announced that it will offer p2p lending in Ireland. (Source: barcampBank)
Other services still in prelaunch phase include CommunityLend.com in Canada and One2Money.de in Germany (Source: Springwise.com)