Comments on: Lending Club: Peer-to-Peer Lending http://www.moneyfunk.net/finances/lending-club/ Personal Finance & Frugal Living Tue, 07 Feb 2012 09:38:55 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: smith johnsonshttp://www.moneyfunk.net/finances/lending-club/#comment-10117 smith johnsons Sat, 21 May 2011 22:07:03 +0000 http://www.moneyfunk.net/?p=4493#comment-10117 Hello Viewer, I am Smith Johnson, a registered and accredited loan lender based in London, United Kingdom. Do you need Urgent loan? We give out loan to interested individuals who are seeking loan with good faith. Are you seriously in need of an urgent loan? then you are at the right place. We give out business loan,personal loan e.t.c, contact us for your loan request I am offering a loan with a very low interest rate of 4%, do you need a loan to solve your financial problems like bills, education loan, mortgage loan e.t.c. Welcome to dream come through as we are in to make sure that your financial needs are guaranteed. Interested person Firms Should please contact me via email for more details: smithjohnson720@gmail.com God Bless you; Prof. Smith Johnson +447045744238 Hello Viewer,

I am Smith Johnson, a registered and accredited loan lender based in London,
United Kingdom. Do you need Urgent loan?
We give out loan to interested individuals who are seeking loan with good faith.
Are you seriously in need of an urgent loan? then you are at the right place.
We give out business loan,personal loan e.t.c,
contact us for your loan request I am offering a loan with a very low interest rate of 4%,
do you need a loan to solve your financial problems like bills, education loan,
mortgage loan e.t.c. Welcome to dream come through as we are in to make sure that your
financial needs are guaranteed. Interested person Firms Should please contact me
via email for more details: smithjohnson720@gmail.com

God Bless you;
Prof. Smith Johnson
+447045744238

]]> By: Mary rosehttp://www.moneyfunk.net/finances/lending-club/#comment-7968 Mary rose Fri, 23 Jul 2010 04:02:15 +0000 http://www.moneyfunk.net/?p=4493#comment-7968 I live here in the United States and I was scammed of $1500 here in the US. I was searching for a loan one evening until I went on a message board and obtain the information of LEXINGTON LOAN SERVICE. I was given a $5000 loan and received the funds in 2 days. When I didn't see the funds in my account, I contacted Mr.Carl by phone and stated that there was hold at the bank. He went down to the bank personally and took care of the issue. The money was in my account the next day. You do have to pay a one time processing fee but it was worth it. I can reassure you that he is a legit lender and contacts you not only by email but on the phone as well. Mr. Frank Larry is someone that cares about getting your loan. Please contact him for your loan needs and you will receive your loan funds in your bank account within 48 hrs. It's a shame that you have to seek another country and receive loan assistance and can't get a loan in the United States with bad credit. barclayhouseofloan@hotmail.com I live here in the United States and I was scammed of $1500 here in the US. I was searching for a loan one evening until I went on a message board and obtain the information of LEXINGTON LOAN SERVICE. I was given a $5000 loan and received the funds in 2 days. When I didn’t see the funds in my account, I contacted Mr.Carl by phone and stated that there was hold at the bank. He went down to the bank personally and took care of the issue. The money was in my account the next day. You do have to pay a one time processing fee but it was worth it. I can reassure you that he is a legit lender and contacts you not only by email but on the phone as well. Mr. Frank Larry is someone that cares about getting your loan. Please contact him for your loan needs and you will receive your loan funds in your bank account within 48 hrs. It’s a shame that you have to seek another country and receive loan assistance and can’t get a loan in the United States with bad credit.

barclayhouseofloan@hotmail.com

]]> By: money funkhttp://www.moneyfunk.net/finances/lending-club/#comment-3708 money funk Fri, 08 Jan 2010 03:25:01 +0000 http://www.moneyfunk.net/?p=4493#comment-3708 I've heard of Prosper, but am not familiar with their practices. I am glad to have another view of P2P Lending. So you get to dictate the rate? Kind of like Priceline with naming your own price. That is something worth looking at. I would wonder though, if you list too low of a rate that it might take you longer to become funded - is the interest comparable for investors to fund. Thank you, Alexa. I'd be interested in comparing the two companies. I’ve heard of Prosper, but am not familiar with their practices. I am glad to have another view of P2P Lending.

So you get to dictate the rate? Kind of like Priceline with naming your own price. That is something worth looking at. I would wonder though, if you list too low of a rate that it might take you longer to become funded – is the interest comparable for investors to fund.

Thank you, Alexa. I’d be interested in comparing the two companies.

]]> By: Alexa J.http://www.moneyfunk.net/finances/lending-club/#comment-3687 Alexa J. Wed, 06 Jan 2010 16:03:26 +0000 http://www.moneyfunk.net/?p=4493#comment-3687 I'm a huge fan of Prosper for the very reason that Prosper only suggests, but doesn't dictate your interest rate... that's what credit card companies do and I'm kind of disappointed that Lending Club seems to be going down that credit card company path. On both of my Prosper loans, I set the maximum rate and lenders bid down my rate (they can never bid higher as your comment suggests). I’m a huge fan of Prosper for the very reason that Prosper only suggests, but doesn’t dictate your interest rate… that’s what credit card companies do and I’m kind of disappointed that Lending Club seems to be going down that credit card company path. On both of my Prosper loans, I set the maximum rate and lenders bid down my rate (they can never bid higher as your comment suggests).

]]> By: money funkhttp://www.moneyfunk.net/finances/lending-club/#comment-3600 money funk Tue, 29 Dec 2009 01:50:10 +0000 http://www.moneyfunk.net/?p=4493#comment-3600 You're right. In the past, I have even done that... paid off the cards only to re-rack them up with debt. *shame* But, I have grown a lot since then. These cards are history! I have no need for them. It's a solid emergency fund I need to continue building. :) And I also did just that, paid off higher interest cards. Actually, two companies just raised our interest rates. and one even raised our credit limit with that interest rate as a "thank you". LOL. Geesh. I am definitely commited. So ready to get rid of this debt for GOOD! And that is great about you having a good experience with investments. I hope to invest with LC in the future. Plus, I know that Financial Samurai has considered investing but is concerned with the idea. You’re right. In the past, I have even done that… paid off the cards only to re-rack them up with debt. *shame* But, I have grown a lot since then. These cards are history! I have no need for them. It’s a solid emergency fund I need to continue building. :)

And I also did just that, paid off higher interest cards. Actually, two companies just raised our interest rates. and one even raised our credit limit with that interest rate as a “thank you”. LOL. Geesh.

I am definitely commited. So ready to get rid of this debt for GOOD!

And that is great about you having a good experience with investments. I hope to invest with LC in the future. Plus, I know that Financial Samurai has considered investing but is concerned with the idea.

]]> By: money funkhttp://www.moneyfunk.net/finances/lending-club/#comment-3599 money funk Tue, 29 Dec 2009 01:45:44 +0000 http://www.moneyfunk.net/?p=4493#comment-3599 Hi Beckey, this comment seemed to have slipped by me. Please forgive me. If you read the Borrow's section you can get general info to see if you would qualify. If you are still not sure... you can 'apply' and it will tell you within seconds if you don't qualify or if you DO qualify. If you do qualify then the terms, you may accept, are right there for you to consider. But even if you don't try with LC... keep going at your goal of digging out of debt. Trust me, in the beginning there would have been no bank to trust me. But thru time, diligence, and hard work I have maintained a good rapport with my credit score and my bank. I wish you the best of luck at getting meeting your goals for 2010. I have a feeling that 2010 is going to prove good for those of us with a financial plan to follow. Yes, even in our economic state of despair. Hi Beckey, this comment seemed to have slipped by me. Please forgive me.

If you read the Borrow’s section you can get general info to see if you would qualify. If you are still not sure… you can ‘apply’ and it will tell you within seconds if you don’t qualify or if you DO qualify. If you do qualify then the terms, you may accept, are right there for you to consider.

But even if you don’t try with LC… keep going at your goal of digging out of debt. Trust me, in the beginning there would have been no bank to trust me. But thru time, diligence, and hard work I have maintained a good rapport with my credit score and my bank.

I wish you the best of luck at getting meeting your goals for 2010. I have a feeling that 2010 is going to prove good for those of us with a financial plan to follow. Yes, even in our economic state of despair.

]]> By: -> Introduction To Peer-To-Peer Lending: Review And Signing Up To Use Lending Club | Bible Money Mattershttp://www.moneyfunk.net/finances/lending-club/#comment-3596 -> Introduction To Peer-To-Peer Lending: Review And Signing Up To Use Lending Club | Bible Money Matters Mon, 28 Dec 2009 17:51:07 +0000 http://www.moneyfunk.net/?p=4493#comment-3596 [...] Lending Club Peer To Peer Lending (From A Borrower’s Perspective Again) [...] [...] Lending Club Peer To Peer Lending (From A Borrower’s Perspective Again) [...]

]]> By: Bible Money Mattershttp://www.moneyfunk.net/finances/lending-club/#comment-3595 Bible Money Matters Mon, 28 Dec 2009 17:42:21 +0000 http://www.moneyfunk.net/?p=4493#comment-3595 I think it's great that you're looking to save money by consolidating those high interest credit cards into a lower interest loan. Keys when doing something like this are to make sure you're not consolidating any lower interest loans in the deal, and in addition making sure that you don't use the lower payments as an excuse to spend on other things - instead just paying down the debt faster. Sounds like you're committed to doing that, so it should work out great. I've been investing with lending club for a few months so far, and so far it has been a good experience. I've had no defaults and am making about 11.14% on my money so far. Good luck with your loan! I think it’s great that you’re looking to save money by consolidating those high interest credit cards into a lower interest loan. Keys when doing something like this are to make sure you’re not consolidating any lower interest loans in the deal, and in addition making sure that you don’t use the lower payments as an excuse to spend on other things – instead just paying down the debt faster. Sounds like you’re committed to doing that, so it should work out great.

I’ve been investing with lending club for a few months so far, and so far it has been a good experience. I’ve had no defaults and am making about 11.14% on my money so far.

Good luck with your loan!

]]> By: money funkhttp://www.moneyfunk.net/finances/lending-club/#comment-3572 money funk Thu, 24 Dec 2009 17:52:03 +0000 http://www.moneyfunk.net/?p=4493#comment-3572 How did I miss these 2 comments???? Wow, thank you Brad. I have not got around to the Plutus Award nominations, but of course I will nominate you and a few others. Better get my toosh over there. Thanks! How did I miss these 2 comments???? Wow, thank you Brad. I have not got around to the Plutus Award nominations, but of course I will nominate you and a few others. Better get my toosh over there. Thanks!

]]> By: money funkhttp://www.moneyfunk.net/finances/lending-club/#comment-3571 money funk Thu, 24 Dec 2009 17:51:42 +0000 http://www.moneyfunk.net/?p=4493#comment-3571 I was surprised to see how many people DO NOT actually buy use credit cards. So tres cool. I am becoming rather convinced myself that I do not need them either. But that I DO NEED a good size emergency fund to cover potential murphys. I was surprised to see how many people DO NOT actually buy use credit cards. So tres cool. I am becoming rather convinced myself that I do not need them either. But that I DO NEED a good size emergency fund to cover potential murphys.

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