Financial Fellow

Written by J.P. Wicklein
     I’m earning over a 9% return on my money through Lending Club.  (Currently the average annual return for all of Lending Club’s 25,000+ investors is 9.6%.)  By offering a $25 bonus, Lending Club is inviting new customers to give their service a try for free. 

What is Lending Club?
     Lending Club [...]

[Read more →]

Written by J.P. Wicklein

Several months ago I signed up as an investor with a peer-to-peer lending company, Lending Club. Presently I’m earning a net annualized return of 9.89%. This rate of return crushes anything I’m making through a traditional CD or online savings account. My rate of return is comparable to the historical returns offered by stocks - without the volatility.

[Read more →]

                                  Written by J.P. Wicklein

     Last month I wrote an article about peer-to-peer lending in which borrowers apply for loans ranging from $1,000 to $25,000. The loans are made by individual investors, with Lending Club (the peer-to-peer lending company) acting as a middle man. Investors earn an average of 9% annually. Intrigued, I signed up as an investor last month. That wasn’t the first time I’d encountered peer-to-peer lending, though.

[Read more →]

Written by J.P. Wicklein

With the best savings accounts paying a little over 2%, and long term CDs paying under 4%, I decided to explore other ways to invest my money. Recently, I came across Lending Club. Lending Club is a Securities and Exchange Commission (SEC) registered, peer-to-peer lending network that boasts an average annual investor return of 9.05%.

[Read more →]