Steadfast FinancesLisa Simpson: P2P Lending / Microfinance Investor

Peer To Peer Lending Popularity Continues with ‘The Simpsons’ Appearance

Filed in Business Trends , Peer to Peer Lending 2 comments

Could all it take for Peer-to-Peer Lending to go full tilt mainstream is a big mention on a major network TV program with a huge cult following?

Could be!

Last night’s episode of The Simpsons entitled “Loan-A-Lisa” explored the basic concepts of microfinance and how everyday investors, like you and I, can lend to entrepreneurs who can’t, or won’t, get financing from traditional banking establishments.

I’m probably biased in this “going mainstream” assessment, since I’m a P2P investor at Lending Club myself, but the growing popularity suggesting P2P Lending going mainstream is a very real possibility.

Quarterly Lending Club Investment Portfolio Updates

December 2010 Update: Currently earning 15.6% NAR on Lending Club investment portfolio.

September 2010 Update: Currently earning 15% ROI on my Lending Club investment portfolio.

June 2010 Update: Currently earning 14.2% ROI on my Lending Club investment portfolio.

March 2010 Update: Currently earning 13.6% ROI on my Lending Club investment portfolio.

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Posted by CJ   @   4 October 2010 2 comments
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2 Comments

Comments
Dec 22, 2010
7:57 pm
#1 Carter :

The big risk with P2P is the unsecured nature of the loans. I just read that money360.com has combined the P2P model with secured real estate lending. I think this could be a game changer for the industry. I see lenders flocking to this model to get the same rates…with actual security behind their loans. Of course there is a catch….you have to invest at least $50K!

Dec 22, 2010
8:07 pm
#2 Matt SF :

They also require investors to be:

1) California residents (excludes the other 49 states)
2) Total assets of $1 Million or more
3) Annual salary of $200,000+

Doubtful it will be a game changer until the barriers to entry are drastically lowered.

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