Prosper Complaints: 5 Problems Borrowers Can Face for a Loan
Not everybody has a good experience with Prosper. I will talk about the main Prosper complaints in this article, and give some helpful suggestions for dealing with each problem. The post Prosper...
View Article5 Reasons Why a Peer to Peer Loan can be Good News for Bad Credit
If you are someone with bad credit history, getting a personal loan can be a real challenge. Thankfully, a peer to peer loan can be a great option. The post 5 Reasons Why a Peer to Peer Loan can be...
View ArticleLending Club Complaints: 5 Big Problems Some Borrowers Face
Not everybody is a satisfied customer at Lending Club. Sometimes people apply for a loan at yet walk away feeling upset or angry, and for many different reasons. In this article you will read about the...
View ArticleInterest rates and fees on loans at Lending Club & Prosper
If you are thinking about getting a loan, one of the most important things to look at is the interest rate and fees that you will pay. Some lines of credit (like credit cards) have higher rates and...
View ArticleLending Club vs. Prosper: 5 Big Differences for Borrowers
Lending Club and Prosper are two options for getting an online loan. But which is better for your situation? Dear reader, you are in luck. I have taken a loan out from both companies, and have seen how...
View ArticleLending Club Review: Is this company legit? My experience.
I knew that Lending Club was a good option for a loan, but I wanted to see what they would offer me. So last Monday I booted up my computer and went to their website to check my rate. The post Lending...
View ArticleProsper Loans Review: Is this company legit? My experience.
I knew the rates on loans at Prosper were some of the lowest in the nation, but I was curious to see what interest rate they would offer me. So one Thursday morning I sat on my couch, turned on my...
View ArticleLending Club vs. Prosper for Borrowers: 4 Big Differences
A common struggle borrowers face when applying for a peer to peer loan is choosing between the two major companies: Lending Club vs Prosper. From the outside, both look very similar. Both offer great...
View ArticleLending Club Review for Borrowers: Is it Legit?
I recently applied for a personal loan at Lending Club. It was Monday morning, and I had just finished a bowl of cereal. Still drinking my morning coffee, I picked up my laptop and turned it on. The...
View ArticleProsper Loan Review for Borrowers: Is this Legit?
About three weeks ago I filled out the application for a Prosper loan. It was early in the morning, and I was sitting in my dining room with the radio on. As I poured myself a bowl of cereal and tried...
View ArticleMy Returns at Lending Club & Prosper for 2015Q2 – 13.3% ROI
To encourage more people to start investing, each quarter I post the current state of my personal peer to peer lending accounts. Because of my age and life-situation (32 - single), I am an investor who...
View ArticleAlgorithm Investing – Part 2: A Review of LendingRobot
As described in part 1, any future of boosting returns through finding higher performing loans lies in investing via algorithms. And while most of us are not statistical wunderkinds who can construct...
View ArticleBoost Your Returns by Selling Newly Issued Notes on Folio
Peer to peer lending can be both an active or a passive investment. On the passive side of things, all an investor has to do is create an account and set up automated investing to reduce cash drag....
View ArticleHow Will P2P Lending Perform During a National Recession?
In late 2007, a panic struck the the United States. Mortgage-backed securities, which had become a popular investment in the financial sector, had begun to collapse in value. Many of the subprime...
View ArticleMy Personal Filters for Lending Club and Prosper in 2015
Perhaps the most interesting part of peer to peer lending has to do with the practice of self-filtering the available loans to try and achieve higher than average returns. Filtering invokes a range of...
View ArticleInterest Rates (and Returns) at Lending Club Keep Dropping
Over the weekend Lending Club released its loan data for the first quarter of 2015. For those who are brand new to this investment, Lending Club releases new data about six weeks after every quarter...
View ArticlePeer to Peer Lending Sites: An Exhaustive Review
Many people like peer to peer lending for its low loan rates. Others celebrate its consistent and generous ROI. But the truth is that neither of these benefits are very profound. For example, while it...
View ArticleLending Club vs. Prosper for Borrowers: 4 Big Differences
A common struggle borrowers face when applying for a peer to peer loan is choosing between the two major companies: Lending Club vs Prosper. From the outside, both look very similar. Both offer great...
View ArticleLending Club Review for Borrowers: Is it Legit?
I recently applied for a personal loan at Lending Club. It was Monday morning, and I had just finished a bowl of cereal. Still drinking my morning coffee, I picked up my laptop and turned it on. The...
View ArticleProsper Loan Review for Borrowers: Is this Legit?
About three weeks ago I filled out the application for a Prosper loan. It was early in the morning, and I was sitting in my dining room with the radio on. As I poured myself a bowl of cereal and tried...
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