Get a $25.00 Bonus to Start Investing with Lending Club

December 18th, 2009 • Related • Filed Under • by admin

Lending Club, a popular peer-to-peer lending institution, connects individual borrowers and lenders. From an investment perspective, investing in peer-to-peer loans is an excellent way to invest a small portion of your portfolio as a means to provide additional diversify to your nest-egg.

We’ve provided coverage of both Prosper and Lending Club on American Consumer News, and now you can get a $25.00 bonus from Lending Club to get your feet wet in the world of peer-to-peer lending.

If you are unfamiliar with the idea of investing via becoming a peer-to-peer lender, consider the proposition of lending a friend $1,000. It’s a hit-or-miss situation as to whether or not the person will actually pay you back, and there are no real legal consequences for that person because you’re probably not going to sue your friend. Instead, consider taking that same $1,000 and spreading it across 40 different loans, with real loan documentation and actual collections procedures if the person doesn’t pay their loan—that’s Lending Club.

Lending Club is a great alternative investment that allows you to partially fund peer-to-peer loans to individuals seeking unsecured loans. You can diversify your loan portfolio across all sorts of different borrowers to minimize your risks. Some borrowers have been averaging between 10% and 12% since the company started facilitating peer-to-peer loans in 2007.

You can read our full lending club review on our sister site, American Banking News, before getting your Lending Club Bonus.

Lending Club has been kind enough to offer a $25.00 sign-up bonus for new investors that sign-up from American Consumer. This will give you a kick-start to begin investing and give you enough to fund your first loan.

To get your Lending Club Bonus, click on the Lending Club banner on the right or follow the link below:

Click Here to Get Your Lending Club Bonus.