|
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 Washington$4500 for I need a car in Malaga
FICO Score: 714-749 $8000 for cut cards in Bremerton
FICO Score: 640-659 $1500 for Help Paying for College Credits in Spanaway
FICO Score: 679-713 $5500 for Medical expenses in Snohomish
FICO Score: 679-713 $3000 for Credit Card Debt in Federal Way
FICO Score: 679-713 $525 for Business Loan in Edmonds
FICO Score: 679-713 $350 for Remodeling the Kitchen in Kent
FICO Score: 679-713 $4000 for Joeys & Courtneys Wedding in Maple Valley
FICO Score: 660-678 $3200 for Request in Tacoma
FICO Score: 679-713 $600 for paying creditcard and dental partials in Bothell
FICO Score: 640-659 $9000 for Pay off Purchased Merchandise in Seattle
FICO Score: 679-713 $1850 for Short Term needs in WASHOUGAL
FICO Score: 750-779 $15000 for Sensible Woman Seeks Alternative in Seattle
FICO Score: 679-713 $3000 for payoff higher loans in Longview
FICO Score: 660-678 $5425 for Finish home improvement project. in Seattle
FICO Score: 660-678 $2575 for moneymailer_help in kenmore
FICO Score: 714-749 $25000 for Reunion Trip in Seattle
FICO Score: 750-779 $8000 for Implants in Yakima
FICO Score: 750-779 $2200 for Education in Ferndale
FICO Score: 660-678 $7000 for Finishing Off a Student Loan in Seattle
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
|
