Peer-to-Peer Lending Lures Investors With 12% Return

31st July, 2009 - Posted by Alan - No Comments

An excellent article by Bloomberg News on the attraction of P2P lending. P2P lending offers a way for borrowers to get access to money for home, auto and student bills as banks scale back lending during the deepest U.S. recession since World War II. The Federal Reserve’s quarterly survey of senior loan officers released May 4 » Read More

People Capital – a killer startup!

30th July, 2009 - Posted by Alan - No Comments

People Capital has been profiled by KillerStartups a user driven internet startups community. When it comes to academic funding, institutional lenders still stand as the largest source of capital income for prospective students. People Capital is a new platform that aims to let newcomers start a credit story that will be assessed by lenders, and that » Read More

Annual Credit Report

30th July, 2009 - Posted by Alan - No Comments

Use this site to request a free credit file disclosure, commonly called a credit report, once every 12 months from each of the nationwide consumer credit reporting companies: Equifax, Experian and TransUnion. AnnualCreditReport.com is the official site to help consumers to obtain their free credit report. Visit AnnualCreditReport.com Read More

FAFSA (Free Application for Federal Student Aid)

30th July, 2009 - Posted by Alan - No Comments

Turn to this resource to find complete instructions for completing the FAFSA Free Application for Federal Student Aid. Visit FAFSA Read More

FastWeb: Scholarships, Financial Aid and Colleges

30th July, 2009 - Posted by Alan - No Comments

FastWeb helps students and parents find college financial aid, conduct a specialized search with a scholarship search engine, and get the money needed to pay for college. Visit the FastWeb site Read More

College Navigator (National Center for Education Statistics)

30th July, 2009 - Posted by Alan - No Comments

This US government site allows future students to evaluate and compare institutions’ prices, financial aid, enrollment fees and academic disciplines. Vist the College Navigator Read More

Bloomberg News: Forrester Research reports that P2P lending grows amid recession

29th July, 2009 - Posted by Alan - No Comments

Ed Kountz, a consumer payments analyst at  Forrester Research just reported that the P2P industry may grow to more than $100 billion in annual loans in 2012, from about $500 million this year, as borrowers seek ways to reduce their costs. P2P lending offers a way for borrowers to get access to money for home, » Read More

CBO Director Adds New Fuel to the Debate on FFELP/DL Budget Scoring

29th July, 2009 - Posted by Brendan - No Comments

As you may know there is still ongoing controversy in the market place regarding President Obama’s FY2010 Budget plan.  His plan would mandate all Federal student loan borrowing to be sourced via the Federal Direct Loan Program, instead of the two programs FFELP and FDLP that are currently offered today, which provide students, families, schools » Read More

Busy week – we raised money and saw hits on Human Capital Score top 10,000 on one day!

14th July, 2009 - Posted by Alan - No Comments

We are excited to report that we have raised $500,000 in a second tranche, bringing Series B funding to $2 million total. The latest tranche was led by Serious Change fund, which is headed by investor Josh Mailman. The news was covered in Dow Jones VentureWire, VatorNews and VentureDeal. We have also had tremendous media » Read More

Big shout out to One Day One Job

7th July, 2009 - Posted by Alan - No Comments

How can we not give a shout out to One Day One Job after their great coverage of People Capital. You can see the full article in the link below but here is a very flattering snippet: When People Capital’s idea catches on, it has the potential to completely change the lending industry—not just the student » Read More

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