Comments on: Lending Club

By: Where Should You Consolidate Debt?

Where Should You Consolidate Debt? — Mon, 22 Jun 2009 19:39:01 +0000

[...] with and normal people can earn a return on their investment. Many people enjoy working with the Lending Club for these types of [...]

By: Is A Peer To Peer Site Or Debt Company Better?

Is A Peer To Peer Site Or Debt Company Better? — Thu, 18 Jun 2009 00:39:14 +0000

[...] If dinging up your credit report is out of the question then a peer to peer lending site could work. How these sites work is a group of people come together looking for a place to invest their money. In this scenario, you put a listing of yourself up asking people to lend you money. These people bid at different interest rates and amounts until the amount you asked for is reached. When the amount is reached the interest rate at which you first listed yourself up for starts going down as people bid against one another. The more bidding means the lower the rate you will pay. After the bidding is done you will be given the money and have to pay it back over a set time period which is usually three years. You make monthly payments back and the people earn the interest rate you are paying them. It is a win win scenario as you are getting a low interest loan to pay your creditors back with and normal people can earn a return on their investment. A popular peer to peer site is Lending Club. [...]

By: Is A Peer To Peer Site Or Debt Company Better? « Finance

Is A Peer To Peer Site Or Debt Company Better? « Finance — Tue, 16 Jun 2009 11:06:39 +0000

[...] credit report, and normal people earn money for helping you. Many people enjoy working with the Lending Club for these types of [...]

By: Should I Use A P2P Site Or Debt Consolidation Company? | Payday Loan Resources

Sat, 13 Jun 2009 01:48:22 +0000

[...] If dinging up your credit report is out of the question then a peer to peer lending site could work. These sites are a community of people who are looking to invest their money with. In this scenario, you put a listing of yourself up asking people to lend you money. Normal people, not banks, will pool their money back until the amount you are asking for is reached. After the amount is obtained the interest rate starts going down as people determine what rate of return they want to earn from you. You want the bidding to keep on going as it lowers your interest rate. After the bidding is done you will be given the money and have to pay it back over a set time period which is usually three years. Your monthly payments back to the loan get divided back to the people. It is a win win scenario as you are getting a low interest loan to pay your creditors back with and normal people can earn a return on their investment. A popular peer to peer site is Lending Club. [...]

By: Is A Peer To Peer Site Or Debt Company Better?

Is A Peer To Peer Site Or Debt Company Better? — Fri, 05 Jun 2009 05:16:40 +0000

[...] If you have no luck working with your creditors and the thought of ruining your credit is not going to work for you then a peer to peer lending site might work for you. How these sites work is a group of people come together looking for a place to invest their money. In this scenario, you put a listing of yourself up asking people to lend you money. Normal people, not banks, will pool their money back until the amount you are asking for is reached. After the amount is obtained the interest rate starts going down as people determine what rate of return they want to earn from you. The more bidding means the lower the rate you will pay. When the bidding is over, the money is collected from the site and given to you as a one or three year loan. Your monthly payments back to the loan get divided back to the people. Every body wins here because you get a low rate loan, no dings on your credit report, and normal people earn money for helping you. A popular peer to peer site is Lending Club. [...]

By: Credit Counsellors, credit counselling, debt management, debt consolidation Credit-Counsellor.ca » Blog Archive » Should I Use A P2P Site Or Debt Consolidation Company?

Mon, 25 May 2009 15:35:26 +0000

[...] If you have no luck working with your creditors and the thought of ruining your credit is not going to work for you then a peer to peer lending site might work for you. How these sites work is a group of people come together looking for a place to invest their money. In this scenario, you put a listing of yourself up asking people to lend you money. These people bid at different interest rates and amounts until the amount you asked for is reached. When the amount is reached the interest rate at which you first listed yourself up for starts going down as people bid against one another. The more bidding means the lower the rate you will pay. After the bidding is done you will be given the money and have to pay it back over a set time period which is usually three years. You make monthly payments back and the people earn the interest rate you are paying them. It is a win win scenario as you are getting a low interest loan to pay your creditors back with and normal people can earn a return on their investment. A popular peer to peer site is Lending Club. [...]

By: Should I Use A P2P Site Or Debt Consolidation Company?

Should I Use A P2P Site Or Debt Consolidation Company? — Mon, 25 May 2009 07:38:46 +0000

[...] with and normal people can earn a return on their investment. Many people enjoy working with the Lending Club for these types of [...]

By: Should I Use A P2P Site Or Debt Consolidation Company? | 1 Stop Fast Cash

Should I Use A P2P Site Or Debt Consolidation Company? | 1 Stop Fast Cash — Sat, 23 May 2009 06:39:46 +0000

[...] If you have no luck working with your creditors and the thought of ruining your credit is not going to work for you then a peer to peer lending site might work for you. How these sites work is a group of people come together looking for a place to invest their money. You make a listing of yourself describing what you need the money for. Normal people, not banks, will pool their money back until the amount you are asking for is reached. After the amount is obtained the interest rate starts going down as people determine what rate of return they want to earn from you. The more bidding means the lower the rate you will pay. After the bidding is done you will be given the money and have to pay it back over a set time period which is usually three years. Your monthly payments back to the loan get divided back to the people. It is a win win scenario as you are getting a low interest loan to pay your creditors back with and normal people can earn a return on their investment. A popular peer to peer site is Lending Club. [...]

By: Is A Peer To Peer Site Or Debt Company Better? : Any Debt Help Blog

Is A Peer To Peer Site Or Debt Company Better? : Any Debt Help Blog — Fri, 22 May 2009 05:29:45 +0000

[...] with and normal people can earn a return on their investment. Many people enjoy working with the Lending Club for these types of [...]

By: Is A Peer To Peer Site Or Debt Company Better? « bad credit debt consolidation secured loan

Thu, 14 May 2009 10:32:10 +0000

[...] with and normal people can earn a return on their investment. Many people enjoy working with the Lending Club for these types of [...]