Lending Club
Program Summary
A+
Income Vehicle: P2P Loans
ROI: Average 9.6% (annual)
Minimum - Maximum Investment:$25 - unlimited
Risk Level: 1
Term: Life of loan; monthly P&I payments
Referral Income: Yes [one time]
Charity Integration: No
Online Since: 2006
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Time to break up with your savings account!
I came across a site that gives you the potential to leverage your investment several times more than what typical bank investments yield. I was tucking away some money every month into a "high" yield savings account which only offered about 2.75% APY until I came across this gem!
Watch the video to the right to learn a little more about Lending Club. We of course are interested in the investor benefits over the borrower info - but it may also be a good way to secure lower interest rates to use as leverage or to pay off other debt
Want to make 9.6% or more on your investments?
Lending Club eliminates the high cost and complexity of traditional banks to offer investors the opportunity for returns with average annualized returns of over 9.6%. As Lending Club investor, you invest in notes that represent loans made to creditworthy borrowers. They make it easy to quickly create a diversified portfolio.
It's free to open an account, there's no maintenance fee and no minimum balance - and you get $25-$100 just for being referred!
Watch video
I'd Like To Learn More!
11.7.09 - IRA: The Power of Compound Interest with Scott Langmack
Thursday, November 12th
7:00 PM ET (4:00 PM PT)
Register Here
The webcast will provide Scott's strategies for how you may be able to retire wealthy by opening a Lending Club No-Fee IRA Account. Scott Langmack, author of Peer Lending Wealth, will illustrate the power of IRA tax deferred compound interest, discuss investment strategies, and field your questions.
Lending Club FAQ: https://www.lendingclub.com/info/faq.action
