Posted by Patrick Gannon :: August 27, 2010 @ 8:07 am

Economic news this week show a grim outlook for bank account, CD and credit card holders:
Average Interest Rate on Savings and CDs Falls to Below 1%: Lowest in a Decade
The San Francisco Chronicle and Bloomberg News announced yesterday that "the average interest on savings, checking, money market and certificate of deposit accounts fell to [...]

Posted by Rob Garcia :: August 13, 2010 @ 10:27 am

In 2010, financial innovation timidly showed up at SXSW Interactive with folks from Mint.com, CreditKarma, SmartyPig, Chase, Kickstarter, Kiva and Lending Club invited to panels.
Next year, it promises to be the year of financial innovation at SXSW... if you vote for these panels, that is.
Banks: Innovate or Die!
This panel will explore the idea that many [...]

Posted by guest :: August 12, 2010 @ 10:07 am

The following is a guest post by Neil Faulkner, freelance journalist.  This article was originally posted on and adapted for US audiences with permission from lovemoney.com, a popular money management online publication in the UK.
Taking out a new loan can be a dangerous endeavor. Here are the ten costliest traps to watch out for [...]

Posted by Rob Garcia :: August 5, 2010 @ 7:56 am

While applying for a loan, some of you may have noticed the following new language:

“Loans cannot be used for post-secondary education expenses including: tuition, fees, books, supplies, room and board.  Any description to the contrary will result in the removal of your loan.”

What counts as “post-secondary expenses”?  A thorough list, as well as [...]

Posted by Rob Garcia :: July 27, 2010 @ 9:30 am

We are thrilled to announce that  Lending Club has been chosen as one of the 2010 AlwaysOn Global 250 Top Private Companies. Other winners include LinkedIn, Facebook, Twitter, SolarCity, FourSquare and Yelp.  No other financial innovation company was included in the prestigious list.
AlwaysOn, the leading business media brand networking the Global Silicon [...]