How to Get Started Investing at Lending Club

A few weeks ago, we explored the question - what to do with a lump sum of cash. After going through the research process, I decided that I wanted to diversify how I invested the money and where I invested the money. I actually ended up putting some money in four of the five possible places I explored in that post. Local credit union - 12% of the total.  Return of 3.01%. Accounts with a … [Read more...]

How to Invest at Lending Club | A Guide for New Investors

I recently had a reader email with a follow-up question regarding p2p lending at Lending Club.  He essentially wanted to know how to invest at Lending Club. Here’s the question: Could you explain to me how lending club works as an investor? What type of initial investment is needed? Do you fund individuals or across the board? I thought the question would be good to address in this … [Read more...]

Lending Club: How To Participate in P2P Lending

The people are taking their stand, and one giant middle man is being removed – the bank. Borrowing and lending has been part of human society for generations.  It was prevalent enough that God included some borrowing and lending guidelines in the books of the Old Testament law. Historically, the wealthy lent to those in need.  In our modern society, the banks have long since held the … [Read more...]