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?
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.
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.