Lending Club Blog: Blogs that Cover Lending Club Online
Lending Club is an increasingly popular place for personal financiers that want to diversify to make an investment. The service allows people to loan money to borrows through their website and earn a rate of return on their money. A number of personal finance bloggers have even started sharing about their own Lending Club experiences online as well. Here are some Lending Club Blogs you should pay attention to.
Five Cent Nickel is a personal finance blogger that personally invests in Lending Club. He has talked about the rates of return that he’s earned with Lending Club and about the strategies that he uses to maximize his rate of return. Here’s an article about the selection criteria that Nickel uses to pick out the loans that he invests in on Lending Club. He also recently did a great write-up about using Lending Club’s third party note-platform which can be found by searching online.
Another website which does a great job of covering the world of peer to peer lending is P2P-banking.com. This website does a great job of covering all of the global activity in the peer to peer lending space. The author recently did a great overview of all of the European peer to peer lending companies.
Another author, Fred93, primarily covers Lending Club’s competitor Prosper Marketplace, but has also done some coverage on Lending Club. He is somewhat critical of the peer to peer lending, especially Prosper.com, but provides a good counterpoint to some other peer to peer lending websites. He is part of a larger community, Prospers.org, which has a forum that discusses peer to peer lending in great detail. The community is somewhat critical of the industry as a whole, especially Prospre.com.
There are a few other lending club blogs out there, but many of them have died of inactivity over the years. Between the three resources above, you’ll get a better idea of the peer to peer lending world.




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