Comments on: Lending Club Review: Lending Money For Profit

By: Mike

Mike — Sun, 31 Jul 2011 18:30:38 +0000

I am an investor on LC. I started small in January 2009 with $200 and have been increasing my investment since. I chose LC because they are so careful with the loans they give out. I have had several loans I financed get kicked out (and my money refunded) at the final review before the loan funds.

By: Rick Lim

Rick Lim — Wed, 08 Dec 2010 22:46:22 +0000

Hello everyone,
I have an upside down mortgage. I bought my house five years ago with zero down priced at 619,000. I got a modification this year for the big loan. Initially it was 494,000 for the big loan and 122,000 for the small loan. Now after the modification since March of 2010 the big loan is 522,000 and the small loan did a charge off. I need help to refinance into a 30 year program so that I can put equity into my house. I plan to live with my family minimum of 30 years plus. I have been working for the USPS for 12 years now and my wife has been with Head Start for 4 years and this is her second year as a supervisor.

By: khalid

khalid — Sat, 29 Aug 2009 00:29:19 +0000

Hi Millie
Interesting article, peer to peer lending is new to me, heard this the first time. This seems like a smart way of lending.
khalid