Last week, Lending Club announced that their form of automation formerly known as Lending Club Prime is now simply called “Automated Investing.” I’ll start by stating that I have never used Lending Club Prime or their version of Automated Investing. However, I think it is important to write about the major differences are between Lending Club’s Automated service and the third party tools that I have used. I encourage you to share your thoughts in the comments if I have missed or overlooked anything.
Archives for May 2014
I recently got back from my trip to San Francisco for LendIt 2014. It was my first trip to California and I enjoyed everything about my visit. I first have to thank Peter and his team at Lend Academy and LendIt for the opportunity. Without their generosity to allow me to volunteer, it wouldn’t have been feasible for me to attend. Enthusiasm filled both rooms at the Hilton over the course of the two days. It is incredible to think how far the industry has come since I started following it last year. [Read more…]
Today I am excited to launch a new part of Peer & Social Lending called Peer & Social Lending Press. The idea came from the many news and press releases that I receive via email from companies in the industry. This information isn’t the best fit for this blog, but it certainly deserves attention. In my mind, there needs to be a central location where these news stories are posted and I hope that is what Peer & Social Lending Press will become. Content will cover a broader range than this site and will feature all of the major players in the peer to peer lending industry. Keep an eye out on the new site as well as twitter for when press releases are posted.
Check out the new site here: