Comments on: CommunityLend: People-to-People Lending

By: CommunityLend launches (quietly) in Ontario and Quebec | MoneySense

CommunityLend launches (quietly) in Ontario and Quebec | MoneySense — Tue, 27 Apr 2010 11:44:08 +0000

[...] If you are excited about signing up as a lender with CommunityLend, you might be out of luck. Only accredited investors such as institutions and high-net worth individuals with financial assets exceeding $1 million can sign up to become lenders. CommunityLend is still tiny — just $97,000 in loan requests accepted so far but it is still early days. The accredited investor requirement is probably a huge obstacle to widespread adoption in the two provinces. This is not necessarily a bad thing because the past three years have clearly demonstrated the perils involved in retail investors trying their hands at becoming part-time bankers. [...]

By: CommunityLend launches (quietly) in Ontario and Quebec | Canadian Capitalist

Tue, 27 Apr 2010 03:37:18 +0000

[...] This is not necessarily a bad thing because the past three years have clearly demonstrated the perils involved in retail investors trying their hands at becoming part-time bankers. Post a [...]

By: Dan@Microlending

Dan@Microlending — Tue, 19 Feb 2008 03:59:27 +0000

Looks like IOUCentral.ca has launched their Canadian P2P lending site, beating Communitylend to the punch. Yes, they’re actually accepting loans and bidders.

Take a look at my site as well for my Canadian perspective on P2P lending.

By: Information and Sign Up For Prosper Here | Quest For Four Pillars

Information and Sign Up For Prosper Here | Quest For Four Pillars — Thu, 03 Jan 2008 07:03:12 +0000

[...] Canadian Capitalist isn’t that impressed. He also links to a few other review posts. [...]

By: The Financial Blogger » More on Social Lending

The Financial Blogger » More on Social Lending — Tue, 10 Jul 2007 09:32:37 +0000

[...] interview I had with David Andreatta from the Globe and Mail and Canadian Capitalist’s post on social lending, I thought I would go a little bit further in my thoughts. Why social lending appears appealing to [...]

By: P2P-Banking.com

P2P-Banking.com — Sun, 08 Jul 2007 15:03:59 +0000

You might want to check http://www.p2p-banking.com which has more news on the development of p2p lending

Wiseclerk

By: Canadian Capitalist

Canadian Capitalist — Wed, 04 Jul 2007 11:38:21 +0000

Craig: CommunityLend is supposed to launch later in the year. Their website is currently down, but you can check the details on their site: Link

By: Mrs. Medha Parthasarathy

Mrs. Medha Parthasarathy — Wed, 04 Jul 2007 07:24:15 +0000

People who are concerned about the security of the lending thorugh p2p are requested to have a look at http://www.my-lending.com. Site provides p2p where the borrower is requested to pledge the collalteral in favour of the site account lender. Mark to market of the collateral is done by the site. Site liquidated the assets as per the business rule when the collateral value falls and the borrower fails to top up the margin.

By: Craig

Craig — Tue, 03 Jul 2007 04:29:13 +0000

I have been trying to get a house for my family for years but due to my past mistake that is not possible through the banks. I have check out Proper and that is not availible in canada. Will this new lending idea be availible here or is it jsut talk. If anyone can help all the help will be appriciated..

By: Ethan

Ethan — Mon, 02 Jul 2007 17:29:45 +0000

Great Post! If you are looking for more information on the complete market space please visit our website!

In addition, SocialLendingWatch.com is always looking for contributers!

Great Blog !

Cheers

Ethan

SocialLendingWatch.com -
Tracking the next Web 2.0 Phenomenon known as Social Lending

contact@sociallendingwatch.com