Personal Finance Advice and Commentary

Monday, June 20, 2016 11:40 am
By Mike Cetera ·

In financial transactions that more closely resemble a hostage-taking, desperate college women in China are reportedly turning over naked pictures as collateral for their loans.

Friday, March 11, 2016 1:54 pm
By Dr. Don Taylor ·

Lending Club, a major P2P lender, uses WebBank to originate the loans that Lending Club securitizes. Investors buy the securities which are backed by the loans. By the end of 2015, Lending Club had issued almost $16 billion in loans.

Friday, February 19, 2016 4:29 pm
By Mitch Strohm ·

The peer-to-peer lending market is under pressure in China after 21 people were arrested in association with a P2P Ponzi scheme.

Tuesday, February 09, 2016 5:30 pm
By Mitch Strohm ·

SoFi shelled out around $5 million, or a whopping 20% of its annual budget, for a 30-second spot that aired during the 2nd quarter of the game Feb. 7 on CBS.

Wednesday, December 30, 2015 3:32 pm
By Dr. Don Taylor ·

Why are millennials more likely to use personal loans? One reason is because they are delaying home ownership and can’t borrow against the equity in their homes.

Friday, December 18, 2015 10:51 am
By Mitch Strohm ·

The California Department of Business Oversight has launched an inquiry into 14 marketplace lenders, requesting details about their lending practices, investors and business models.

Friday, June 08, 2012 9:21 am
By Sheyna Steiner ·

Peer-to-peer lending brings together individuals who need a loan with investors seeking higher returns than they can find elsewhere.