How to Get a Personal Loan with Peer-to-Peer Lending
01/22/09 Categories: Personal Finance
Have you
ever wanted a loan, but didn't want to charge it on your high
interest credit card or deal with the hassle of the bank loan
process? You think the credit crisis will hurt your chances at
getting a traditional loan? There is a better way to get loans up
to $25,000 easily.
Peer-to-Peer Lending is revolutionizing the way we borrow and loan out money. Instead of going through a bank or credit card company, you can get a loan from people lending their personal money. Lending Club is a place where people looking to borrow and lend money come together.
You simply post your profile and what you need the money for. On the other side, lending people view your profile and loan request. They will loan you the money if they think you're a good match.
Lending Club's Straightforward Loans
Borrowers get personal loans at better rates
Borrowers typically request personal loans on Lending Club to finance purchases, pay for one-time events (like weddings or continuing education classes), or refinance existing high-interest loans, credit card balances or other revolving debt.
Borrowers complete a personal loan request online and can instantly view the interest rate they qualify for. There are no hidden fees, and the interest rate is fixed for the full three-year duration of the loan. -excerpt from Lending Club-
Make Money by Lending in Prime Borrowers
For those of you wanting to make money, you can lend to borrowers with good credit. If the stock market is making you nauseous and bonds aren't giving you the returns you want, try this.
Peer-to-Peer Lending is revolutionizing the way we borrow and loan out money. Instead of going through a bank or credit card company, you can get a loan from people lending their personal money. Lending Club is a place where people looking to borrow and lend money come together.
You simply post your profile and what you need the money for. On the other side, lending people view your profile and loan request. They will loan you the money if they think you're a good match.
Lending Club's Straightforward Loans
- Borrow up to $25,000
- Rates start as low as 7.88%
Borrowers get personal loans at better rates
Borrowers typically request personal loans on Lending Club to finance purchases, pay for one-time events (like weddings or continuing education classes), or refinance existing high-interest loans, credit card balances or other revolving debt.
Borrowers complete a personal loan request online and can instantly view the interest rate they qualify for. There are no hidden fees, and the interest rate is fixed for the full three-year duration of the loan. -excerpt from Lending Club-
Make Money by Lending in Prime Borrowers
For those of you wanting to make money, you can lend to borrowers with good credit. If the stock market is making you nauseous and bonds aren't giving you the returns you want, try this.
- Lend
Money Now Invest money in prime borrowers. Stated
interest rates of return up to 19.37%.
- Borrow Money Now Rates starting at 7.88%.
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