Comments on: How to Open a Lending Club Lender Account http://www.moneyunder30.com/how-open-lending-club-lender-account Simple, Honest Financial Advice Thu, 09 Feb 2012 22:53:06 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Bishnu http://www.moneyunder30.com/how-open-lending-club-lender-account/comment-page-1#comment-5818 Bishnu Tue, 15 Jun 2010 19:26:18 +0000 http://www.moneyunder30.com/?p=1560#comment-5818 I put $1000 into lending club just to get a feel of it. they gave me a sign on bonus of $25 and so far its been pretty good. Alot of loans get dropped probably because of the borrower being illegible. The only thing I am not too crazy about is the $25 fee for withdrawing funds electronically but I did like that I was able to use paypal to fund the account. It was alot faster than other methods and the money was there to invest instantly. I put $1000 into lending club just to get a feel of it. they gave me a sign on bonus of $25 and so far its been pretty good. Alot of loans get dropped probably because of the borrower being illegible. The only thing I am not too crazy about is the $25 fee for withdrawing funds electronically but I did like that I was able to use paypal to fund the account. It was alot faster than other methods and the money was there to invest instantly.

]]> By: Meg http://www.moneyunder30.com/how-open-lending-club-lender-account/comment-page-1#comment-2361 Meg Mon, 23 Mar 2009 18:18:00 +0000 http://www.moneyunder30.com/?p=1560#comment-2361 Hmm, I was thinking about doing Lending Club until I read the income/net worth requirements here: https://www.lendingclub.com/info/how-to-invest-money.action Sadly I don't meet them (yet!). I didn't find any restrictions on a Pertuity Direct account and prefer the lower risk associated with the mutual fund approach even if the "social" aspect of lending is somewhat missing other than the pay it forward idea of Pertuity Bucks. I enjoy your blog - keep writing!! Hmm, I was thinking about doing Lending Club until I read the income/net worth requirements here: https://www.lendingclub.com/info/how-to-invest-money.action

Sadly I don’t meet them (yet!). I didn’t find any restrictions on a Pertuity Direct account and prefer the lower risk associated with the mutual fund approach even if the “social” aspect of lending is somewhat missing other than the pay it forward idea of Pertuity Bucks.

I enjoy your blog – keep writing!!

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