|
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 Kentucky$5000 for Personal Investment in pikeville
FICO Score: 660-678 $2600 for Buying computer. in La Grange
FICO Score: 679-713 $1600 for Consolidated Debt in Union
FICO Score: 640-659 $5000 for Business Expansion in Rineyville
FICO Score: 640-659 $9600 for Paying off high interest debt in Hebron
FICO Score: 660-678 $10000 for Debt Consolidation Loan in Lexington
FICO Score: 679-713 $50 for loan in Cynthiana
FICO Score: 660-678 $200 for jackies car in brooks
FICO Score: 714-749 $1750 for Tax Payment Loan in Union
FICO Score: 640-659 $18000 for Debt Consolidation in Louisville
FICO Score: 640-659 $7000 for reinvest in Louisville
FICO Score: 750-779 $10000 for Medical Expenses in Louisville
FICO Score: 679-713 $12000 for Consolidate Debt in Park Hills
FICO Score: 640-659 $10000 for Credit Card consolidation in Bowling Green
FICO Score: 640-659 $6550 for Personal loan in JAMESTOWN
FICO Score: 679-713 $7500 for Pay off bills in Bagdad
FICO Score: 660-678 $2975 for Planning a wedding and honeymoon in Catlettsburg
FICO Score: 780+ $12000 for Debt consolidation in Louisville
FICO Score: 679-713 $16000 for Refinancing in LOUISA
FICO Score: 679-713 $11200 for Pay off high interest debt! in Erlanger
FICO Score: 660-678
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
|
