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The Future of Lending Club - Will they Survive and Thrive, or Crash and Burn? »

Last week, Lending Club made a major announcement: they suspended the addition of new lender registrations, stopped current lenders from lending more money, and halted their referral program. This has sparked a lot of debate in the blogosphere regarding what is going on at Lending Club HQ, and what will happen to not only Lending […]

Lending Club Referral Bonuses and New Lender Registrations Halted »

Lending Club, one of the two major Person to Person Lending companies in the US, announced they are halting new lender registrations and lender referral bonuses for the time being.
This is a major announcement in the P2P lending industry. I read the e-mail announcement several times to make sure I understood it completely, and I […]

Carnival of Peer to Peer Lending #6 »

Welcome to the Sixth installment of the Carnival of Peer to Peer Lending! Peer to Peer Lending, or P2PLending, is a rapidly growing industry in the US, and rightly so. It is revolutionizing the lending and borrowing process between individuals.
Anyone with as little as $25 has the chance to play the role of the banker […]

How I Earned $4,100 Without Working - The Beauty of Passive Income »

My wife and I are slightly behind on getting our taxes done this year. The good news is that I should be finishing them up this week. One of the things that interested me this year when getting my tax paperwork together was our 1099 forms (for tracking interest, dividend, and other income).
The interest and […]