|
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 Missouri$10000 for I would like one simple payment in kansas CIty FICO Score: 640-659 $5600 for Moving in Ellisville FICO Score: 640-659 $12000 for Personal Loan in Springfield FICO Score: 679-713 $1500 for Need money for PC. in Springfield FICO Score: 640-659 $10000 for CC Debt - Rather Have You Get Interest in Creve Coeur FICO Score: 679-713 $8100 for Business Start Up in Buffalo FICO Score: 640-659 $4000 for Land Purchase Loan in Springfield FICO Score: 679-713 $1450 for High intrest debt consolidation in St peters FICO Score: 679-713 $4650 for udi in jefferson city FICO Score: 640-659 $3400 for Engagement Ring! in Tarkio FICO Score: 679-713 $1700 for Getting Back On My Feet in Wentzville FICO Score: 640-659 $3775 for Re-Lending to others in Kansas City FICO Score: 750-779 $13550 for debt reduction/consolidation in Lees Summit FICO Score: 679-713 $75 for Auto in OFallon FICO Score: 660-678 $1300 for Consolidation Loan in St. Louis FICO Score: 679-713 $8500 for Racerbassist in Sikeston FICO Score: 640-659 $3475 for Pay off a credit card in Macon FICO Score: 679-713 $6000 for Join my debt together to focus resources in SPRINGFIELD FICO Score: 714-749 $6550 for Pay off higher interest rate credit card in Saint Louis FICO Score: 640-659 $7500 for 6067 moonstone in Lees Summit 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
|