lending club Archives - Market Mad House

daniel September 16, 2015March 9, 2016 Amazon, Apple Pay, Credibly, does Lending Tree make money?, Is Lending Tree Making Money?, Is LendingTree is overpriced, LC, lending club, Lending Tree, Lending Tree did post a healthy profit margin of 8.56%., LendingTree is overpriced, Mr. Market, Mr. Money Mustache, PayPal, Progressive, Prosper, PYPL, TREE, Value Investing, Venmo, Warren Buffett, What the Numbers tell us about LendingTree

Is Lending Tree Making Money?

If the U.S. economy does tank because of the situation in China, expect LendingTree to be one of the first stocks to go down and go down hard. This stock is sitting on very shaky ground that will soon collapse.

Long Ideas

daniel September 9, 2015March 9, 2016 AAPL, Amazon, AMZN, Apple Pay, Apple Stock, Bank of America, Benjamin Graham, Berkshire Hathaway, Does Lending Club Actually Make Money?, GOOG, Kroger, LC, lending club, Lending Club CEO, Lending Club vs. PayPal vs. Google vs. Apple, Mr. Market, Mr. Money Mustache, On Deck, PayPal, Prosper, Renaud Laplanche, Value Investing, Venmo, Warren Buffett, Why Lending Club Is an Acquisition Target

Does Lending Club Actually Make Money?

Therefore Lending Club looks like a successful company but not a value investment. Its platform is achieving a lot of growth, but it is not making money the way PayPal is. This indicates that its business model could be flawed or at least seriously limited, so you should stay away from it for now

Long Ideas

daniel May 20, 2015January 28, 2016 AAPL, ABX, Amazon, American Express, Apple Pay, Apple Stock, BAC, Benjamin Graham, Costco, GOOG, Google, Income Inequality, LC, lending club, Mr. Money Mustache, P2P, Peer to Peer Bubble, Peer to Peer Lending, Prosper, Warren Buffett, WMT

Is Lending Club Really Bubble Proof?

To be fair, there are some signs Lending Club is starting to make money. According to its financials, Lending Club had $64.6 million in cash and short-term investments when it went public. Yet on March 31, 2015, Lending Club had $874.13 million in cash and short-term investments. That shows us that it is capable of generating a lot of cash in a very short period of time, but can it keep that up?

Market Insanity

daniel May 16, 2015 AMZN, Apple Pay, BAC, Bank of America, bubble, Bubble Economy, Consumer Loans, Disruptive Technology, LC, lending club, Mr. Money Mustache, PayPal, Peer to Peer Lending, Peer to Peer Lending Bubble, Subprime Loans, Value Investing, Venmo, Visa, Warren Buffett, WMT

Is Peer to Peer Lending a Bubble?

One reason why Lending Club’s business is so good could be that large numbers of Americans simply lack the money or the good credit records necessary to borrow from traditional banks.

Long Ideas

daniel April 14, 2015 AAPL, ABX, Amazon, American Express, AMZN, Apple Pay, Apple Stock, Bank of Internet, Benjamin Graham, Berkshire Hathaway, BOFI, BofI Holding, Capital Bank Financial, CBF, Charley Munger, EVER, EverBank, Food Prices, GDOT, Green Dot, lending club, LNKD, Mr. Money Mustache, OnDeck, PayPal, Prosper, Square, Warren Buffett, WMT

What Will PayPal Do Next?

Something else that is also obvious is that PayPal would be an acquisition target; purchasing it would give a large bank, retailer or credit card company access to a vast financial network and tens of millions of potential customers.

My Thoughts

daniel April 13, 2015March 5, 2016 AAPL, ABX, Alibaba, Amazon, American Express, AMZN, Apple Pay, Apple Stock, BABA, Bank of America, Benjamin Graham, Charley Munger, COST, Costco, Disruptive Technology, EBAY, Gold, GOOG, Google, KR, Kroger, LC, lending club, Mr. Money Mustache, OnDeck, ONDK, PayPal, Prosper, Wal-Mart, WMT

PayPal and Prosper Changing Banking Beyond Recognition

This could indicate that traditional banking might no longer be a viable business because of the alternatives available. Things could soon get worse because PayPal is about to get spun off from eBay Inc. (NASDAQ: EBAY) and transformed into an independent financial services company that will compete directly with banks.

My Thoughts

daniel February 23, 2015April 20, 2018 debt, debt peonage, debts, Income Inequality, lending, lending club, mortgages, student loan crisis, student loan debt, student loans, subprime mortgages

It Is Easier to Pay off a Mortgage than Student Loan Debt

tudent loan debt is now the most insidious and destructive form of obligation in America. It’s worse than mortgages and possibly even a greater threat to economic stability and individual futures than subprime mortgages were.