|
How is this Possible?
The Lending Club is a social lending network. Borrowers with good credit can bypass banks and credit cards for lower rates. At the Lending Club members lend and borrow money from each other at better rates, bypassing the banks. More than $20,000,000 in loans have been issued by Lending Club at better rates than bank rates.
Look at the types of loans already made by Lending Club to people in Hawaii$225 for bank loan consolidation in honolulu
FICO Score: 660-678 $5000 for Loan March 2008 in Honolulu
FICO Score: 660-678 $3000 for to pay off high interest credit cards in honolulu
FICO Score: 660-678 $6500 for credit card pay off in Honolulu
FICO Score: 679-713 $8000 for Jewelry Purchase in HONOLULU
FICO Score: 750-779 $4000 for wedding loan in Waialua
FICO Score: 750-779 $1925 for Engagement/Wedding Band in Mililani
FICO Score: 660-678 $6625 for After college credit card pay down in Honolulu
FICO Score: 714-749 $4075 for Help with credit cards in Honolulu
FICO Score: 714-749 $7500 for Good Riddens to Credit Cards in honolulu
FICO Score: 679-713 $6000 for Need help with high-interest balance! in Honolulu
FICO Score: 714-749
In the worst of times, Lending Club is the best of options. Prosper.com began the P2P or social lending market, which allows people to lend to people in an auction like market place. The Lending Club came a couple of years later and is also a social lending network where members lend and borrow money from each other at better rates, bypassing the banks.
Well, if Prosper started the revolution, then why not use their platform to get a loan?
Because Prosper has gone into hibernation waiting on a filing with the SEC, leaving the Lending Club as the best alternative to borrowing from banks or other financial institutions (if they are lending that is!).
|
Lijit Search
|
Borrowing Money has Never Been so Straight Forward - Apply Now
|
