Peer to peer lending is an interesting breakthrough in American finance. Where banks have struggled and often failed to provide personal credit in a way that could scale nationwide, companies like Lending Club and Prosper are taking advantage of technology to approach lending at the lowest cost in history, enabling a brand new industry to emerge. While peer to peer lending has experienced hardships in the past years, a lot of possibility remains about where things could go long term.
Cited by major press (CNBC, Marketwatch, Yahoo Finance) for its lending education, our main purpose at LendingMemo is to help you discover and navigate lending and borrowing money online. Begin by taking our free peer to peer investing video course, download our ebook, or just begin reading a few interesting articles.
Simon Cunningham is the voice behind LendingMemo. Based in Grand Rapids, Michigan he has been an investor in peer to peer lending since 2011, culminating in him being invited to the floor of the New York Stock Exchange in 2014 by Lending Club for their IPO. He is a graduate from Calvin College where he focused on statistical approaches to understanding altruism. His greatest passions are theology, existentialism, and sociology. He is eager to help people healthily navigate finance and technology in a way that betters their everyday lives.
Email: simon @ lendingmemo.com
Simon’s greatest hits
- Why Wells Fargo is Terrified of P2P Lending
- Why Peer to Peer Lending is Beautiful
- P2P Lending: Why You Need a New Uncorrelated Asset Class
- How Lending Club and Prosper Fit with Stocks and Bonds
- The Joy of Redlining: Why I Don’t Lend to Florida
- The Intrinsic Humanity of the Online Lending Revolution
- This Investment has 20 Years of Positive Returns
- The Hidden World of Peer to Peer High-Speed Investing
- Interest Rates at Lending Club Keep Dropping