If you are tired of earning only 3% or 4% from your standard bank CD’s, you might want to consider becoming a lender on Lending Club.¬† Lending Club gives you the opportunity to invest in Notes that represent loans made to pre-screened borrower members. Lending Club¬†members have enjoyed an average annual return of 9.05% over [...]
Archive for 'person to person lending'
I was really excited the first time I discovered Prosper. Prosper is a new person to person loan marketplace on the internet that very well could be the future of lending and borrowing. Prosper provides a new way for individuals to obtain small loans ranging from $1,000 to $25,000. Here‚??s how it works: A prospective [...]