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Communitylend, the Canadian Peer-to-peer lending network is doing well with another strong growth month in September. Here are the key market statistics for their year to date to September 30th. Loan Demand at www.communitylend.com was up another $500,000 to over $4 Million. Loan Requests Accepted and available for investment exceeded $655,000. User Membership is now [...] The New Peer-to-Peer Lending service CommunityLend has announced today that it is entering the BC market. The new Peer-to-Peer Lending service helps borrowers to get better rates by cutting out the “middleman” in Canada’s multi-billion dollar personal lending market. I have pasted the press release below. Enjoy! Toronto, ON – September 1, 2010: Canadian Internet [...] US peer-to-peer lender Prosper is still struggling to reconcile user accounts three weeks after botching a major upgrade to a new loan servicing platform. The switchover to the new platform was a major project that involved the integration of more than 2 million loan based transactions. What were initially reported as a number of anomalies [...] |
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