Comments on: Shopping For Loans at Lending Club http://cashmoneylife.com/2008/02/07/person-to-person-loans-lending-club/ Your Money. Your Career. Your Life. Thu, 20 Nov 2008 18:15:34 +0000 http://wordpress.org/?v=abc By: Should You Pay a Debt Consolidation Company? | Military Finance Network http://cashmoneylife.com/2008/02/07/person-to-person-loans-lending-club/#comment-15177 Should You Pay a Debt Consolidation Company? | Military Finance Network Thu, 13 Nov 2008 10:25:03 +0000 http://cashmoneylife.com/2008/02/07/person-to-person-loans-lending-club/#comment-15177 [...] taking a personal loan through your bank, or from a peer to peer lending company such as Prosper, Lending Club, or Loanio. These companies allow borrowers to borrow money from other individuals at rates that [...] [...] taking a personal loan through your bank, or from a peer to peer lending company such as Prosper, Lending Club, or Loanio. These companies allow borrowers to borrow money from other individuals at rates that [...]

]]> By: Patrick http://cashmoneylife.com/2008/02/07/person-to-person-loans-lending-club/#comment-6154 Patrick Sun, 02 Mar 2008 21:59:09 +0000 http://cashmoneylife.com/2008/02/07/person-to-person-loans-lending-club/#comment-6154 There are a few key differences between LC and Prosper, and until you try out each service, you won't know which one you prefer. I think there are currently more lending options w/ Prosper, but Lending Club had higher rated loans. There are a few other differences, but those are the key ones right now. IMO, both are viable options, and it doesn't hurt to try out either one. There are a few key differences between LC and Prosper, and until you try out each service, you won’t know which one you prefer. I think there are currently more lending options w/ Prosper, but Lending Club had higher rated loans. There are a few other differences, but those are the key ones right now.

IMO, both are viable options, and it doesn’t hurt to try out either one.

]]> By: Mark @ TheLocoMono http://cashmoneylife.com/2008/02/07/person-to-person-loans-lending-club/#comment-6153 Mark @ TheLocoMono Sun, 02 Mar 2008 21:48:03 +0000 http://cashmoneylife.com/2008/02/07/person-to-person-loans-lending-club/#comment-6153 What I find interesting about the rise of P2P programs is this question, why lend in more than 1 P2P program? I can understand the goal of learning but in the end, it is still an income generator so there is financial incentive as a lender. I have been using Prosper for about a year now and reading all these Lending Club articles so it is interesting to read the different views. Right now, I am basically entering Round 2 with a few loans being funded last year now arriving in their 2nd year and a few loans funded this year in Round 1 so I am learning something for sure. Exactly what, I am still learning. ;) What I find interesting about the rise of P2P programs is this question, why lend in more than 1 P2P program?

I can understand the goal of learning but in the end, it is still an income generator so there is financial incentive as a lender. I have been using Prosper for about a year now and reading all these Lending Club articles so it is interesting to read the different views.

Right now, I am basically entering Round 2 with a few loans being funded last year now arriving in their 2nd year and a few loans funded this year in Round 1 so I am learning something for sure. Exactly what, I am still learning. ;)

]]> By: what is lending club? -- brip blap http://cashmoneylife.com/2008/02/07/person-to-person-loans-lending-club/#comment-6062 what is lending club? -- brip blap Tue, 26 Feb 2008 14:18:51 +0000 http://cashmoneylife.com/2008/02/07/person-to-person-loans-lending-club/#comment-6062 [...] @ Cash Money Life: Making Loans with Lending Club and Shopping for Loans at Lending Club and Are Person to Person Loans [...] [...] @ Cash Money Life: Making Loans with Lending Club and Shopping for Loans at Lending Club and Are Person to Person Loans [...]

]]> By: Sunday Money Roundup - Patriots Sucked It Edition. | My Two Dollars http://cashmoneylife.com/2008/02/07/person-to-person-loans-lending-club/#comment-5715 Sunday Money Roundup - Patriots Sucked It Edition. | My Two Dollars Sun, 10 Feb 2008 15:01:26 +0000 http://cashmoneylife.com/2008/02/07/person-to-person-loans-lending-club/#comment-5715 [...] Cash Money Life is shopping for loans at Lending Club. [...] [...] Cash Money Life is shopping for loans at Lending Club. [...]

]]> By: Patrick http://cashmoneylife.com/2008/02/07/person-to-person-loans-lending-club/#comment-5567 Patrick Fri, 08 Feb 2008 02:20:55 +0000 http://cashmoneylife.com/2008/02/07/person-to-person-loans-lending-club/#comment-5567 Amanda, I read about your experience on your site. I'm happy that it has worked well for you! I really think P2P lending is fantastic for borrowers! There is no risk on their end and they can get much better deals than they could from a bank. Thanks for sharing! Amanda,

I read about your experience on your site. I’m happy that it has worked well for you! I really think P2P lending is fantastic for borrowers! There is no risk on their end and they can get much better deals than they could from a bank. Thanks for sharing!

]]> By: Amanda http://cashmoneylife.com/2008/02/07/person-to-person-loans-lending-club/#comment-5550 Amanda Thu, 07 Feb 2008 18:21:17 +0000 http://cashmoneylife.com/2008/02/07/person-to-person-loans-lending-club/#comment-5550 I've got a loan 'in funding' with lending club right now. Now that my credit score has improved a bit I can get a better rate with them plus they charge a smaller closing fee. As a die hard Prosper fan I was pretty surprised at that... I’ve got a loan ‘in funding’ with lending club right now. Now that my credit score has improved a bit I can get a better rate with them plus they charge a smaller closing fee. As a die hard Prosper fan I was pretty surprised at that…

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