Thursday, January 3, 2008

Lending Club

There is new Peer-to-Peer lending site up and running now called Lending Club. It works similar to Prosper. According to their site, on average, you can earn 12.3% returns as a lender, and borrow money for as low 7.62% if you have a stellar credit. You can bid on loans in increments as little as 25$, or use 500$ and have them create a portfolio for you based on your risk aversion. I have been using Prosper for almost a year now so I'm going to try this site and see how it is.

1 comment:

Anonymous said...

Gostei muito desse post e seu blog é muito interessante, vou passar por aqui sempre =) Depois dá uma passada lá no meu site, que é sobre o CresceNet, espero que goste. O endereço dele é http://www.provedorcrescenet.com . Um abraço.