CommunityLend blog

• MoneyAisle Blog: A Glossary of Commonly Used Financial Terms (#1 in an Occasional Series)

  tags: moneyaisle, clblog, financial glossary

  • Education is one of the primary objectives of this blog. Occasionally we will explore and explain commonly used, and often misunderstood, banking terms. We recommend two resources that help define financial terms: Investor Words and Morgan Stanley.

• Lending Club platform illustration

  Process for funding loans at Lending Club. Describes the relationship between lenders, borrowers, LC and Webbnak. Graphic contained in the Lending Club S-1 filing.

  tags: clblog, lending club, social lending platform

• S1 Lending Club

  Form S-1
  Lending Club

  tags: clblog, lending club, SEC, social lending

  • Form S-1

    REGISTRATION
    STATEMENT

    UNDER

    THE SECURITIES ACT OF
    1933

     

    LendingClub
    Corporation

• FT.com / World – Inflation threat to world economy, IMF says

  tags: ft.com, clblog

  • Global inflation has re-emerged as a major threat to the world economy, the International Monetary Fund said on Thursday in a stark warning that marked an abrupt change of tone from its emphasis on the risks to growth.

• Prosper Kicks Off Nationwide Lending with New Slogan and TV/Radio Advertising (NetBanker)

  Prosper introduces their new tag line

  tags: clblog, prosper

  • “Let’s bank on each other,”

• Here Comes the P2P Economy – Harvard Business Online’s Conversation Starter

  Just located the entire HBR article online with no subscription required

  tags: harvard business review, clblog, HBR, p2p

  • It is only a matter of time before these digital systems close the arbitrage enjoyed by large banks, which lend at up to 15% interest but pay only about 5% on capital. Why do business with a bank when your network’s lending and savings interest rates are both 7%? To grasp the power of such a system, imagine your local credit union with the membership and social networking capabilities of MySpace.

• Where either a lender or borrower can be | WSJ – Annotated

  Instead, the 31-year-old from Schaumburg, Ill., recently borrowed $22,500 on Prosper.com, an online lending network that matches individual borrowers and lenders. The interest rate on Mr. Walsh’s loan: 10.25% — several percentage points below what he says he would have had to pay at a bank.

  tags: wsjblog, clblog

  • Instead, the 31-year-old from Schaumburg, Ill., recently borrowed $22,500 on Prosper.com, an online lending network that matches individual borrowers and lenders. The interest rate on Mr. Walsh’s loan: 10.25% — several percentage points below what he says he would have had to pay at a bank

• P2P-Banking.com Blog » Does ABN Amro Bank offer p2p lending? – Annotated

  tags: clblog, ABNAmbro

  • So what is ABN Amro offering? P2P lending?

• Javelin Strategy and Research » Riverside residents recommend social lending Web sites – Annotated

  tags: social lending, p2p lending, javelin, clblog

  • While the sites are not yet grabbing huge chunks of business from traditional banks, Javelin projects that the demand for social lending services to pay off credit card debt could grow from $38 billion in 2007 to $159 billion by 2012.

FORUM Solutions Discovering the Social Economy  Annotated

tags: social economy, clblog

William is doing a good job at evolving the discussion – “social economy”

I tend to define the social economy a little more broadly: as that increasing part of our society’s economic decision-making that is influenced by emerging social tools. The water cooler is now global, and people can influence each other’s spending habits and brand preferences more effectively and instantly.

reportonbusiness.com: Canada continues to create jobs Annotated

tags: clblog, economy, reportonbusiness
“Canadian employment is still holding up well, with no obvious signs of stress outside of the beleaguered manufacturing sector,” said deputy chief economist Doug Porter in a note to clients. “The bounce in the unemployment rate is as much a reflection of the tidal wave of people pouring into the work force as a sign of weakness in the job market,” he noted. “After all, employment is still up 1.9 per centfrom a year ago, which would normally be seen as a solid increase.”