|
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 Virginia $8000 for family in Virginia Beach FICO Score: 714-749 $425 for Building A New Deck in Richmond FICO Score: 679-713 $15000 for Death To My Credit Cards in Arlington FICO Score: 679-713 $7000 for Moving to St Augustine in woodbridge FICO Score: 714-749 $1000 for Finance Lending Club Loans in Ashburn FICO Score: 714-749 $10000 for Hoping to pay off high interest credit in Louisa FICO Score: 679-713 $7500 for second try in Alexandria FICO Score: 714-749 $500 for Consolidated Debt Loan in Centrevivlle FICO Score: 660-678 $12375 for car financing in Fairfax FICO Score: 679-713 $10000 for Melinda Holster in chesapeake FICO Score: 780+ $10000 for Property Purchase & Rehab in Fairfax FICO Score: 750-779 $2125 for Payoff in Newport News FICO Score: 679-713 $17600 for Paying off Mums surgery in richmond FICO Score: 750-779 $10100 for Debt Consolidation Loan in Fairfax FICO Score: 679-713 $9000 for HELP ME!!! in Sterling FICO Score: 660-678 $18000 for First Time Home Purchase in Arlington FICO Score: 750-779 $4200 for Personal Loan-Refinance at a better rate in richmond FICO Score: 750-779 $12950 for Financing for New Business in Sterling FICO Score: 679-713 $22000 for Credit Cards in Blacksburg FICO Score: 679-713 $9325 for Finances New Beginning in FORT BELVOIR FICO Score: 679-713
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
|