Seattle, WA (PRWEB) May 30, 2014
LendingMemo (LendingMemo.com), a peer to peer lending investor resource, announced today the relaunch of its site as a educational hub for the average American investor.
The company's founder, Simon Cunningham, outlines LendingMemo's renewed mission to introduce the investment of consumer credit to the average American:
"LendingMemo has added much to the peer to peer lending conversation since early last year," Cunningham explains, "particularly in the areas of advocacy and education. Speaking towards advocacy, this is the first time in history where average Americans have the ability to invest their savings in the area of consumer credit. Much still has to happen to bring awareness to this tremendous breakthrough in personal investing. Regarding LendingMemo's educational focus, there remains a need for a one-stop educational resource for people who are interested in peer to peer lending and want to explore what it's all about. LendingMemo offers itself today to be that resource."
LendingMemo launches today with a savvy intuitive design, premium video series, and 30-page ebook - available to anyone through free site registration.
"Lending Club, this industry's market leader, is set to have an IPO by the end of the year," Cunningham explains. "While only 60% of the country is currently open to peer to peer lending today, this IPO will eventually open up the entire nation to this exciting new way of saving for retirement. For the mass of prospective investors set to enter peer to peer lending in the coming year, LendingMemo exists as a place for them to start."
"This day is extra significant for the way it has allowed me to quote myself in third person," Cunningham adds.
LendingMemo Media LLC is a peer to peer lending educational resource based in Seattle. Having launched in early 2013, it has since become a mainstay in the wider peer to peer lending conversation. LendingMemo heralds the distinct opportunity offered through sites like Lending Club and Prosper. For the first time in our nation's history, average Americans can invest in consumer credit, a stable and lucrative asset class that had historically been the sole privilege of major banks.