Lending Club recently announced they are giving away a $2500 cash prize to their 25,000th registered investor. The folks at Lending Club expect to get their 25,000th registered investor during the month of September, so all you need to do is sign up for a free Lending Club account for your chance to win.
Lending Club $2,500 Giveaway
The 25,000th registered Lending Club investor will receive $2,500 cash! How to enter:
- Open a free Lending Club Account before midnight Oct 1, 2009.
- Complete all three steps in the registration process (create a password, verify your ID, and link a bank account).
- No purchase necessary to enter or win (terms).
- Winner will be announced after October 1st, 2009.
About Lending Club
Lending Club is a peer to peer lending company that offers individuals to “be the bank” and make loans to their peers. Just about anyone can apply for a loan through Lending Club and registered investors can purchase a note, which funds a portion of the loan. The borrowers then repay the loans and the investors receive interest on their investments. Lending Club notes average 9.64% net annualized returns and are offered by prospectus filed with the SEC.
I have several loans through Lending Club, which so far have averaged about 9%, with no defaults or late payments. You can read more about Lending Club in my Lending Club review, or sign up for a Lending Club account for your chance to win $2,500 and invest in your peers. Good luck!
