Comments on: Lending Club Portfolio Update July 2009 http://www.howisavemoney.net/finances/lending-club-portfolio-update/ Tips and tricks to save money, manage credit and reduce debt Fri, 10 Feb 2012 17:53:29 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Lilly http://www.howisavemoney.net/finances/lending-club-portfolio-update/#comment-16681 Lilly Sat, 10 Oct 2009 03:37:40 +0000 http://www.howisavemoney.net/?p=3194#comment-16681 It all sounds kind of risky. So how exactly does this Lending Club work? It all sounds kind of risky. So how exactly does this Lending Club work?

]]> By: Love Graphics http://www.howisavemoney.net/finances/lending-club-portfolio-update/#comment-16446 Love Graphics Sun, 23 Aug 2009 01:49:59 +0000 http://www.howisavemoney.net/?p=3194#comment-16446 This Lending Club sounds like an interesting idea, and sounds like you can make some money doing it. I wonder, how can you know which is a more risky loan, from one that is not? This Lending Club sounds like an interesting idea, and sounds like you can make some money doing it. I wonder, how can you know which is a more risky loan, from one that is not?

]]> By: saving-money http://www.howisavemoney.net/finances/lending-club-portfolio-update/#comment-16368 saving-money Sun, 09 Aug 2009 21:00:30 +0000 http://www.howisavemoney.net/?p=3194#comment-16368 This is a pretty fascinating trend to me...websites that connect "micro lending" regular joes with other people that need loans. Kiva.org is especially cool in that it connects entrepreneurs from developing countries with regular people that provide loans. I imagine the anti-fraud is the secret sauce for these sites, right? Must be a ton of lowlifes that spend all day trying to figure out how to skirt the rules. This is a pretty fascinating trend to me…websites that connect “micro lending” regular joes with other people that need loans. Kiva.org is especially cool in that it connects entrepreneurs from developing countries with regular people that provide loans.

I imagine the anti-fraud is the secret sauce for these sites, right? Must be a ton of lowlifes that spend all day trying to figure out how to skirt the rules.

]]> By: Gerri - Ninety Nine Ways http://www.howisavemoney.net/finances/lending-club-portfolio-update/#comment-16362 Gerri - Ninety Nine Ways Sat, 08 Aug 2009 21:10:27 +0000 http://www.howisavemoney.net/?p=3194#comment-16362 You are taking a bit of a risk by lending money to people via such service because there is no guarantee that they will be a good as you were and pay everything back in the required time. But then again, you stand to gain extra money by doing so but you won't know for sure until you take the risk. You are taking a bit of a risk by lending money to people via such service because there is no guarantee that they will be a good as you were and pay everything back in the required time. But then again, you stand to gain extra money by doing so but you won’t know for sure until you take the risk.

]]> By: Super Amazing Savings http://www.howisavemoney.net/finances/lending-club-portfolio-update/#comment-16358 Super Amazing Savings Fri, 07 Aug 2009 19:44:10 +0000 http://www.howisavemoney.net/?p=3194#comment-16358 Sounds interesting. I'm like Savings Accounts Girl, though, I'd like a little more information and maybe some more of examples of how it's paying off for you. Sounds interesting. I’m like Savings Accounts Girl, though, I’d like a little more information and maybe some more of examples of how it’s paying off for you.

]]> By: Joel http://www.howisavemoney.net/finances/lending-club-portfolio-update/#comment-16342 Joel Thu, 06 Aug 2009 14:07:19 +0000 http://www.howisavemoney.net/?p=3194#comment-16342 I have been thinking about online lending as an additional investment. I have been thinking about online lending as an additional investment.

]]> By: Savings Accounts Girl http://www.howisavemoney.net/finances/lending-club-portfolio-update/#comment-16338 Savings Accounts Girl Wed, 05 Aug 2009 23:33:17 +0000 http://www.howisavemoney.net/?p=3194#comment-16338 Sounds kind of risky. So how does Lending Club work? Sounds kind of risky. So how does Lending Club work?

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