tag:blogger.com,1999:blog-72739954633586513842011-11-27T19:17:02.649-05:00Highlighting the best notes on peer-to-peer lending sites.Logan Robinsonhttp://www.blogger.com/profile/13692527097639478773noreply@blogger.comBlogger121100tag:blogger.com,1999:blog-7273995463358651384.post-75902237436156184172009-11-08T21:59:00.001-05:002009-11-08T22:02:33.252-05:00

Sorry it's been so long since my last update but I've been really busy and my portfolio showed, $165 was sitting around waiting for me to invest so I did that tonight. So you guys know, I'm going to try to be doing my final paper in my Scope and Methods class on analysis of Lending Club notes in SPSS to see if I can find what notes perform best and basically beat Lending Club's algorithm. In

Logan Robinsonhttp://www.blogger.com/profile/13692527097639478773noreply@blogger.com1tag:blogger.com,1999:blog-7273995463358651384.post-61397280294048568402009-10-29T00:20:00.000-04:002009-10-29T00:20:15.092-04:00

Sorry it's been so long since the last update, I'm going to make a post tomorrow (hopefully) that has info about the Lending Club no-fee IRA, the new stats page, and the new lender's interface which should be live to everyone by then. This week's pick has no clear front runner, here they are in no particular order: Worth Considering: "COnsolidate and Breathe" The borrower on this note is a

Logan Robinsonhttp://www.blogger.com/profile/13692527097639478773noreply@blogger.com2tag:blogger.com,1999:blog-7273995463358651384.post-52308043892574110982009-10-20T22:57:00.000-04:002009-10-20T22:57:56.390-04:00

Top Pick: Credit Card Loan This borrower has been employed at the same place for 10 years, which generally means job security. The purpose of the loan is to consolidate credit cards, the borrower's rate wouldn't actually drop that much but he says he cares more about having only one payment. The borrower's utilization is high and the credit history is short (4 years) but there is no delinquency

Logan Robinsonhttp://www.blogger.com/profile/13692527097639478773noreply@blogger.com0tag:blogger.com,1999:blog-7273995463358651384.post-5491617481382946212009-10-16T19:24:00.002-04:002009-10-19T17:25:22.757-04:00

As your may have seen in my comment on my earlier picks this week, Lending Club pulled my top pick before it was funded, I guess some things are too good to be true. Hopefully these picks will all fund without a problem. I should also give a quick performance update; my net return is 12.46% right now, up .03% from the beginning of the month: I've been selling my lower interest rate notes on the

Logan Robinsonhttp://www.blogger.com/profile/13692527097639478773noreply@blogger.com2tag:blogger.com,1999:blog-7273995463358651384.post-60292314218448767972009-10-15T17:10:00.000-04:002009-10-15T17:10:07.295-04:00

This is just a short post to let you know about some technical changes to the blog. Firstly, I made a twitter account for the blog, it's @thePeertoPick this account will automatically tweet the title and some text whenever there is a new blog post, I'll also RT anything good I see from the P2P Lending-related accounts I follow like @robgarciasj, @lendingclub, @prosperloans, @tiffanykfox, and

Logan Robinsonhttp://www.blogger.com/profile/13692527097639478773noreply@blogger.com0tag:blogger.com,1999:blog-7273995463358651384.post-19284857889763070592009-10-14T14:20:00.000-04:002009-10-14T14:20:44.152-04:00

Lending club just sent out this email to lenders: Interested in higher returns? Want to learn more about our soon to be released Statistics section? Lending Club is hosting two webinars in October to help you reach your goals: Unveiling the New Statistics Section >>> Register now for the free, online discussion Thursday, October 22th, 2009 7:00 pm EDT (4:00 pm PDT) Join Rob Garcia, Director of

Logan Robinsonhttp://www.blogger.com/profile/13692527097639478773noreply@blogger.com0tag:blogger.com,1999:blog-7273995463358651384.post-21724732438118051342009-10-13T20:23:00.000-04:002009-10-13T20:23:07.208-04:00

I've been putting off picking notes for a few days because I didn't want to release too much content at once as that last article on diversity was pretty long but hopefully everyone understood it because I didn't get any questions. Holding off might not have been such a bad thing because I found a number of good notes that have potential pending their answers to my questions, and I found these 2

Logan Robinsonhttp://www.blogger.com/profile/13692527097639478773noreply@blogger.com1tag:blogger.com,1999:blog-7273995463358651384.post-70912510174466226332009-10-11T18:36:00.003-04:002009-10-14T14:21:18.791-04:00

Diversity in investing is about the seemingly simple idea of spreading your risk, the same holds true with P2P lending. Defaults happen, this is something you have to live with. Of course lending club bings up their credit score and they do everything they can to collect on the debt but you will still end up having some debt that isn't collected, it's a sad truth. By entering lending with this

Logan Robinsonhttp://www.blogger.com/profile/13692527097639478773noreply@blogger.com0tag:blogger.com,1999:blog-7273995463358651384.post-64114843748658855462009-10-09T14:54:00.002-04:002009-10-09T14:55:47.762-04:00

This is the first in my yet-to-be-determined-part series on lending tips, I'll start with tips for beginners and move on to more advanced stuff. Patience isn't just a virtue, it's a good way to make money. By the time you've signed up to be a lending club lender you're already sold on the idea, if you add the time it takes for them to look over your account to the time it takes ACH to send money

Logan Robinsonhttp://www.blogger.com/profile/13692527097639478773noreply@blogger.com0tag:blogger.com,1999:blog-7273995463358651384.post-64475222501434873482009-10-07T19:38:00.000-04:002009-10-07T19:38:45.451-04:00

Top Pick Today's top pick is a borrower that owns a coffee house. The borrower says additional money is needed to purchase inventory and hire 2 part-time employees. I like this loan because the business is already established and it's probably making money if the owner is looking to hire 2 more employees. The borrower's revolving credit is pretty good and there are no public records or

Logan Robinsonhttp://www.blogger.com/profile/13692527097639478773noreply@blogger.com0tag:blogger.com,1999:blog-7273995463358651384.post-49233670783074975772009-10-04T17:18:00.002-04:002009-10-05T16:46:28.378-04:00

Before you take investing tips from anyone you should probably get to know them, P2P notes are no different. Really, though, I should start by telling you who I am NOT: I am not an employee of Lending Club, Prosper, or any other P2P site, I'm just a regular person who uses these sites to invest money. Their names are their respective trademarks and the loans are on their sites, offered by the

Logan Robinsonhttp://www.blogger.com/profile/13692527097639478773noreply@blogger.com0tag:blogger.com,1999:blog-7273995463358651384.post-77729918517812508232009-10-04T16:23:00.001-04:002009-10-04T17:02:44.191-04:00

Top Pick Today's top pick is a borrower looking to replace the A/C in his or her rental property. I like this loan because the borrower has never been delinquent, verified their income, has been approved. Based on the expenses the borrower provided in the questions section the rent from the property will more than cover the mortgage and the cost from this loan and the renters are already their.

Logan Robinsonhttp://www.blogger.com/profile/13692527097639478773noreply@blogger.com0