Lending Club is a network of borrowers and investors that seeks to – thanks to lower administrative and infrastructure costs than the traditional banking industry – offer both a high rate of return to those to invest and lower rates to those to borrow. I always find non-traditional banking to be an interesting topic, so […]
A Review of Lending Club for Borrowers
Lending Club is registered as a peer to peer lending company. But what exactly does that mean? Peer lending is a social network for lending, where you’re not being loaned money from a bank, but instead, are using a service, like Lending Club, to get in touch with other people who will lend you money […]