Archive for the ‘ Lend To Others ’ Category

Sedrick Tydus, Chief Operating Officer of Alta Alliance Bank - a community bank headquartered in Oakland CA, provides his perspective on current banking issues, personal loans and real estate loans: “There was a shortage of community banks and we saw a niche to provide a unique service to customers that appreciate Continue reading Banking in Today’s Economy

Prosper recently received the results of a regulatory exam by the Colorado Office of the Attorney General, the agency that administers the consumer lending laws in that state. The Colorado exam went very well, resulting in no deficiencies or “exceptions.” Continue reading Colorado Regulatory Exam

September 17, 2009:
Business Week: Financial Innovation Under Fire; Can we protect consumers and still be creative? By Peter Coy

September 17, 2009:
Fort Worth Star-Telegram: More students turning to peer-to-peer loans to pay for college Continue reading Prosper’s Media Roundup - 9/18/2009

Watch CNN’s Christine Romans talking about the benefits of obtaining an unsecured personal loan for debt consolidation through peer-to-peer lending. A Prosper borrower and a Prosper lender are featured talking about the rewards of Prosper’s p2p model. Continue reading Prosper on CNN - Booming Loan Market

I’m excited, thrilled even, by the switch to Prosper Ratings. Although the Prosper Ratings are still letter grades ranging from AA – HR they are radically different from the credit grades we used in prior years.

Before Prosper Ratings, there were Credit Grades, which were based solely on the Experian credit score. Continue reading A little cheerleading for Prosper Ratings