I am a lender on Prosper and I kept hearing about Lending Club so I decided to try that out too.

Lender Sign up is Easy

It was easy enough to join as a lender until I saw what they did to verify the account. Normally, when you have to verify an account online the place you are trying to verify sends a small deposit to your account.

Not Lending Club!!!

They actually withdrew a small amount from my account.


This amount was then kept in my balance as part of the funds I would have available to lend in the future.

I thought this would be another way that I could possibly make money online once I got the system (and the money) down.

Borrower Sign up is Not So Easy

I then thought that I could also help myself to save some money by applying for a loan here so I clicked on the borrowing tab.


Lending Club wants me to register again with a DIFFERENT email address (and user name) to become a borrower. Talk about confusing.

I finally got it set up and I just have to go home to check my email to get the activation link since I cannot access my email at work.

I am looking for alternative sources of income that will help with the bills especially since I got LASIK and I have this upcoming surgery at the end of February.