Weekly Roundup - Bottom-Feeders and the Banking Industry

09/26/08 posted by RateLadder

Bailout Welcome to this latest edition of Prosper’s Weekly Roundup. The title for this week’s roundup comes from a Forbes headline. There’s a lot going on in the news! Be sure to check out the Stocks and Banking Industry section for more information.

Peer-to-Peer Lending:
• TNL.net presents fast pace look into the History of Currency. P2P Lending is thought to be the ‘uncurrency’ for the lack of a better word.
• Sredel.com muses on P2P Lending - Counter to the Sub-Prime Loan Crisis?
• Peer to Peer Lending and P2P Loans writes Peer to Peer Campaign Finance.

Home and Auto:
• Real Estate Lens discusses VA Loans in VA Home Improvement Loan.
• Business Week Debates the Mortgage Bailout.
• Market Watch presents Best used-car bang for your buck!

Stocks and the Banking Industry:
• Wealth Weekly writes Financial Markets- Just What Went Down Last Week.
• Forbes on Bottom-Feeding Billionaires.
• Seeking Alpha discusses EarthLink options in Making the Best of a Difficult Situation.
• Fix My Personal Finances blogs Chicken Little and the Money Market.
• Yahoo Finance on Largest U.S. bank failure ever.
• Smart Money writes about the bailout in One Baby Step at a Time.
• New York Times with Bailout Talks to Resume After Impasse.

Student Loans:
• Freedom Rocks talks about Federal Student Loans.
• FiLife says Have a Student Loan Question? We Have Answers!
• There are Many Different Kinds Of Student Loans! School Work ugh! goes into a few of them.
• Student Loan Online presents Student Loans Terminology.

Business:
• Blogging Stocks interviews Thomas O’Keefe owner of Bizak in so what are startups worth now?

Taxes and Politics:
• The Wall Street Journal gives a break down on how our taxes will fare under Obama, McCain.
• The Tax Lady Blog provides the Latest from the Candidates on 10 Important Economic Issues.

Prosper Gets Mentioned:
• Regina Lewis talks about P2P lending in Got Cash?
• Banktastics posts a video with a brief write up of market and p2p lending at The Burst - Discrimination & Wall Street (Ep. 34).
• Komo News in Two Quick Ways to Get Hard Cash.
• Small Biz Bee writes So You Need Some Money?

Photo Credit: 1

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RateLadder is a Prosper lender and has been since July, 2006. He has a passion for p2p lending. He owns RateLadder — My Prosper.com Journey and other P2P Lending Adventures, P2P No Bank the P2P Blog Aggregate, and ProProsper — Professional Tools for Prosper Lenders featuring SQL access to Prosper data.

Prosper’s Media Roundup – 11/17/2009

By Prosper Blog on 11/17/09 [ ]

Prosper News Updates:
November 11, 2009
Fast Company: Peer-to-Peer Lending Explained: Brother, Can You Spare $100? By Lydia Dishman

November 11, 2009
Gerson Lehrman Group: The 5Cs of Credit, P2P Lending, Social Lending, Self-Directed Lending By Ronald Ingram
October 22, 2009:
NetBanker: Peer-to-Peer Marketplaces Join Forces to Influence Lawmakers with the “Coalition for New Credit Models By Jim Bruene
October 21, 2009:
American [...]

The Results From the Legal Collections Test

By Doug Fuller on 11/3/09 [ ]

Before discussing the results of the test, let’s review what we were testing. In November 2007, 74 loans that would have been included in the December Debt Sale were selected for a test of applying a legal collections strategy. These loans had an outstanding principal balance of approximately $705,000. They were placed at Hunt & Henriques, a prominent [...]

Collections – Hardship Arrangement are Benefiting Lenders

By Doug Fuller on 11/2/09 [ ]

One of the key challenges in collecting on unsecured installment loans is providing the borrower an incentive to continue to making payments when they come under financial distress. If you don’t make a payment on a credit card you can’t keep charging on it. In the case of a house or a vehicle loan, the lender [...]

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