- File Size: 1038 KB
- Print Length: 74 pages
- Simultaneous Device Usage: Unlimited
- Publication Date: November 4, 2012
- Sold by: Amazon Digital Services LLC
- Language: English
- ASIN: B00A22QIKM
- Text-to-Speech: Enabled
- Word Wise: Enabled
- Lending: Enabled
- Amazon Best Sellers Rank: #441,836 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
|Print List Price:||$9.95|
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The Lending Club Story: How the world's largest peer to peer lender is transforming finance and how you can benefit Kindle Edition
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More About the Author
Top Customer Reviews
The pace of the book is what I would consider great, and it's easy to follow even if you have limited investing experience. Although I am not on the borrower side, Peter makes a point include interviews with borrowers. It was rewarding to see how investors are making a positive impact on people's lives when banks are typically reluctant to do so.
From an investor perspective, Peter will take you though all the steps needed to start investing and much more. He also offers strategic advice on how to put together an investment strategy using several analytical website resources. He does not tell you how to invest exactly, but will recommend the tools to deploy capital in an intelligent way.
While Peter's book is not a "hear's how to make money" tutorial, if you want to be successful in the P2P arena you need to "know the ins and outs", "the devil's in the details", "throw in your own cliche here". Follow his work and you will know more about P2P lending, period. Peter is incredibly active in the community of P2P lending. He regularly reposts and/or responds to my own blog posts on ProsperToRetire.com, and even helped publicize one of my P2P lending tools BidCopy at NumberWhale.com.
It sounds like I'm just tossing around URL's, but it's to show that Peter is very active and heavily involved. He knows what's going on in the P2P market. When Prosper recently made a controversial blog post about changing the data they would make publicly available to researchers/developers (changing XML to CSV), he and I were immediately emailing each other and Prosper for answers. Albeit, Peter demands a response from Prosper better than I :)
Word has it he will be publishing a similar Prosper Story in 2013 which I look forward to reading as well. He writes in an easy-to-understand language which can be challenging for the writer when you're speaking of percentages, investments, returns, etc. Read his book, read his blog ...then read my blog :) ..., have fun investing, make money. 'Nuff Said
If you're even vaguely interested in the rapid evolution of p2p lending, or are looking for an easy way to get expert insight in how Lending Club works, Peter's book is a must-read. It is comfortably pitched at the average reader rather than financial wonks, with minimal jargon and lots of useful information in a format that won't take you weeks to plow through. Excellent job!
Also, from a borrower, you can request loans for just about anything - not just debt consolidation, or small business loans, etc.
One guy requested a loan, so he could finish his private helicopter license courses.
If you do live in the US, however, and are looking for another form of income in a form that might just get someone the business or personal funding they need, this book is a great place to look. It is easy and pleasurable to read and gives great insight into where the world's financial market may head if the banks don't lift their game.
Most Recent Customer Reviews
Stupidest book ever, if you want to learn more about lending club, you can just go to the website instead of buying this piece of ....,Published 25 days ago by carlos
More of a user manual then anything else. Would have liked more than the token insights into the entrepreneurs behind Lending Club, their story and advice to other entrepreneurs.Published 3 months ago by Peter Cleary
If you are interested in learning about the lending club and how it works, this will be a good start for you. It tell how the company got started, and how it has grown. Read morePublished 5 months ago by dmof10
An easy read that provides all the basics and links to where you can get more information. A fascinating revolution in finance.Published 13 months ago by G-Rock
I found it very interesting.
Very easy to read.
It shows clearly a quick and a practical review of a very interesting story.
I am interested in reading about the company with whom I am investing some money. I like the concept of peer to peer lending.Published on January 10, 2013 by Mr. Steve Aardappel