|
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 Minnesota$15000 for personal loan in brooklyn park
FICO Score: 679-713 $7000 for Refinance my Sears Card in Roseville
FICO Score: 660-678 $8000 for Amy L in HOPKINS
FICO Score: 714-749 $1100 for JK Loan in Edina
FICO Score: 679-713 $3800 for purchasing a new home in Shakopee
FICO Score: 679-713 $3000 for College grad looking for better rate in Minnetonka
FICO Score: 640-659 $5000 for Recent college grad buying 1st car! in Minnetonka
FICO Score: 640-659 $8000 for Pay off College debt in SAINT PAUL
FICO Score: 660-678 $5600 for Kyles Loan in Ramsey
FICO Score: 679-713 $6000 for Small Business Boost in Stillwater
FICO Score: 640-659 $1000 for Funding Our Future in St. Paul
FICO Score: 679-713 $6600 for Consolidating high interest cards in Minneapolis
FICO Score: 640-659 $500 for Rebuilding Credit for Better Rates in LAKEVILLE
FICO Score: 640-659 $4500 for Need to payoff credit card in Minneapolis
FICO Score: 679-713 $8000 for Product Categories Expansion in Shakopee
FICO Score: 780+ $2950 for Medical expnses in Lake Elmo
FICO Score: 679-713 $7500 for Funding my growing business! in Bloomington
FICO Score: 679-713 $3000 for personal loan in Bemidji
FICO Score: 750-779 $4100 for gomezbooks in edina
FICO Score: 780+ $7000 for Business Growth in Northfield
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
|
