All Posts Tagged With: "Lending Club"

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Comparing Prosper.com and Lending Club Investment Performance

Prosper.com and Lending Club.com are by far the two largest peer-to-peer lending websites in the United States. Many investors have used these services to diversify their investment portfolios. During the financial crisis, while stock and bond prices plummeted, many peer-to-peer lenders continued to make a positive rate of return because their returns were solely based […]
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How Does Investing with Lending Club Compare to Saving with a High-Yield Savings Account?

With the Federal Reserve keeping target interest rates near zero, consumers are becoming increasingly disappointed with the interest rates being offered by traditional “high-yield” savings accounts and are looking for investment options that will offer them higher-rates of returns. Many have looked into lending their money to people instead of banks through peer-to-peer lending brokers […]
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How to Consolidate Your Debt with a Peer-To-Peer Loan from Lending Club

Banks and credit card companies have been raising interest rates that they are charging customers for no other reason than because banks have made poor financial decisions and want consumers to pay for it. Now you the consumer have an option of fighting back against the banks by consolidating your debt by borrowing money from […]
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What Types of Lending Club Loans Perform the Best?

If you plan on lending money to people through Lending Club or Prosper any time soon, you’re going to need to know some of the basic strategies that lenders are using to maximize their rates of return. We recently covered that a large number of loans is favorable to average your default rates, but did […]
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Why Investing in a Large Number of Loans is Key to Lending Club Success

Peer-to-peer loans have become an increasingly popular way for investors to diversify their portfolios, but some have failed to use these services properly and have left themselves unprotected. Make sure to diversify your loan portfolio to maximize your investment with Lending Club or Prosper. On a recent online conference, the Lending Club team shared the […]
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Receive a $25.00 Deposit Bonus for Signing Up with Lending Club

If you’re looking for an alternative investment vehicle than stocks, bonds and real estate, becoming a lender with Lending Club, Prosper or another peer-to-peer lending site can be a great way to diversify your portfolio. Many successful lenders have averaged interest rates of over 12% since the industry gained prominence in the investment world. Being […]
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Lending Club Originates $4.3 Million in Loans in August, Prosper.com Originates $905 Thousand

During the month of August 2009, Lending Club.com originated a total of $4.3 million in loans and its older brother Prosper.com only originated $905 thousand. Prosper.com pioneered the peer-to-peer lending industry in the United States in 2006, along with Zopa, which is no longer operating in the United States. It first brought forth the idea […]
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How to Diversify Your Investment Portfolio with Peer-to-Peer Loans

Many have discovered that they were woefully unprepared for the financial crisis by being too heavily invested in certain investments. Now, investors are diversifying their funds by investing in new asset classes such as by making peer-to-peer loans through Prosper and Lending Club. Traditionally, investors hoping to build wealth for the long term use a […]
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P2P Lending Gains Popularity During Recession

In the last 12 months, the amount of credit that banks have available to them to loan to customers has drop significantly, as a result 65% of banks nation-wide have tightened up their lending standards making it hard for consumers to get loans for major purchases and to refinance debt. As a result, peer-to-peer lending […]
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Lending Club Investment Tips for Lenders

In the last couple of years, many technologically savvy investors have begun to diversify their investment portfolio by becoming lenders to other individuals seeking personal loans through peer-to-peer lending companies such as Prosper.com and LendingClub.com. There are some people that have averaged over a 12% APY on the money that they have invested through these […]
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Prosper, Lending Club and Other Loan Clubs: An Introduction to Peer to Peer Lending

If there’s any new financial product that has been the darling of personal finance blogs across the web in the last couple of years, it’s peer to peer lending services. They have received a lot of interest from people who are extremely interested in their personal finances, but Prosper, Lending Club and other peer to […]
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