How to Use Peer-to-Peer Sites to Borrow Money from Friends and Family After a Layoff

October 13, 2014

Borrowing is never recommended after a layoff. But sometimes you have to do what you have to do. There are a lot of not-so-smart ways to borrow money, particularly when you are in desperate need of funds. Title loans certainly come to mind. But there’s a high risk of losing your car in the process, […]

How to Use Lending Club to Pay Off Debt

November 15, 2012

If you’ve dug yourself into a hole in regards to your debt burden it can sometimes be impossible to dig out without filing bankruptcy. The minimum payments, late fees, and interest charges continue to rise to a point that you simply can’t earn enough money in a given month to pay everyone. Your credit score […]

Lending Club Bonus

December 9, 2009

Lending Club is giving away a $64.62 bonus to each person that signs up as a lender on the Lending Club website.  Not everyone is comfortable with the peer to peer lending model so Lending Club figured they’d let you try out the process of peer lending by letting you invest without using your own […]

Lending Club Promotion – $2500 Peer Lending Giveaway

September 6, 2009

Lending Club has provided an alternative to bank financing with their peer to peer loan marketplace since 2007.  During that time they’ve continually been improving the process of lending and borrowing money with a peer to peer model and now they’re closing in on 25K investors. Lending Club is giving away $2,500 cash to the person that becomes […]

Lending Club as a Debt Consolidation Option

January 22, 2009

Have you decided it’s finally time to take charge of your finances and work on a plan to get out of debt once and for all? If so, congratulations! The bad news is that it may take a while to dig out of your debt hole, the good news is there are dozens of options […]

Lending Club Loan Review – How to Borrow Money from Lending Club

November 5, 2008

Lending Club is a company that allows you to borrow money directly from other people instead of from a bank. Lending Club has built a system that allows you to apply for a personal loan on their website and lets other consumers lend you the money. This approach to getting a loan is known as […]

Prosper Adding Secondary Loan Market, Lending Club Soon to Lend Again?

October 15, 2008

Prosper is going through a process to “register, with the appropriate securities authorities, promissory notes that may be offered and sold to lenders through our site in the future” so that they can offer a secondary market for loans. During the registration process, Prosper is having to go into somewhat of a holding pattern, the […]

Borrowing & Lending Money with Prosper & Lending Club

March 22, 2008

Peer to peer lending is making an impact on the way some people borrow or invest their money and the word is spreading about both Lending Club and Prosper. Within the last week and a half, person to person lending has seen coverage on the CBS Evening News, the Wall Street Journal, and In Credit Crunch, Lending To […]

The Complete Guide to Prosper Review – Will Revolutionize America?

March 6, 2008

The first chapter in a new book about lending and borrowing on Prosper is entitled “How & Why Will Revolutionize America”.  The book is called “The Complete Guide to Prosper” and is authored by Sean Bauer, a borrower, lender, and group leader on Prosper. It’s nice to see an author enthusiastic about the topic […]

Peer Lending Lessons From the Dating World – Lending Club CEO Interview

February 12, 2008

Bill Griffeth interviewed Renaud Laplanche the CEO of Lending Club on CNBC’s Power Lunch yesterday – Video. Laplanche answered questions on how peer to peer lending sites have lower overhead than traditional banks and how they’re able help borrowers and lenders find better rates than they could get at a bank. Peer Lending & the […]

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