This table outlines information from each individual marketplace lending platform to give investors a better insight to what they offer transparently.
As of late, Marketplace Lending platforms have been struggling to find permanent capital. In what must be considered welcome news for the industry, the first closed-end fund has finally been approved by the SEC.
Upon searching for family lending, you will find implementation advice. It is apparent that many individuals struggle with the prospect of lending to family or friends.
As the peer lending ecosphere grows so does the concept. There are still new peer lending marketplaces forming, many of which have unique twists.
In Peer Lending, similar to bonds and other types of loans, a substantial portion of investment performance depends on the probability of default for the investments.
Modern finance didn’t appear overnight.
Today, for the third time in 6 months, Lending Club has raised the interest rates charged to borrowers.
As we predicted earlier this year, a major Peer Lender has gone belly-up, reminding many of Bernie Madoff’s Ponzi scheme that collapsed in 2008.
The percentages of investors and borrowers are based upon the population of the state and how many actual investors are within these states.