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Should You Use Lending Club to get a Short-Term Personal Loan?

Should You Use Lending Club to get a Short-Term Personal Loan?

Peer-to-peer lending services such as Lending Club are growing by leaps and bounds. Consumers are using them because they can get better interest rate for personal loans than they would by borrowing from a local bank and investors... More of this article »
Is Lending Through Prosper and Lending Club a Solid Investment?

Is Lending Through Prosper and Lending Club a Solid Investment?

When we lend money to our friends, we will typically hand them $20 or $30 and they will pay us back a week or two later and we won’t think much of it. If the person was willing to provide you a little bit of interest, you actually... More of this article »
Lending Club Review: A Review of Lending Club’s Peer-to-Peer Lending Services

Lending Club Review: A Review of Lending Club’s Peer-to-Peer Lending Services

Peer-to-peer lending companies, including Lending Club and Prosper, have gotten a lot of press during the recession as banks cut back in lending. We thought it would only make sense to provide an in-depth review of Lending Club, so... More of this article »
P2P Lending Gains Popularity During Recession

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... More of this article »
Lending Club Investment Tips for Lenders

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... More of this article »
Prosper, Lending Club and Other Loan Clubs: An Introduction to Peer to Peer Lending

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... More of this article »
Lending Club Follows Mainstream Banks, Raises Interest Rates on Personal Loans

Lending Club Follows Mainstream Banks, Raises Interest Rates on Personal Loans

Peer to Peer Lending Services, such as Prosper.com and LendingClub.com, have been providing consumers a way to lend money to other consumers while side-stepping major financial companies for a couple of years now. These two companies... More of this article »