Win $100 from Lending Club

I’m excited to announce a $100 giveaway from Lending Club, the peer-to-peer lending site, here at Money Under 30. One lucky winner will receive $100 deposited into their Lending Club lender account. Here’s how to enter…and win!

First, you need to create a Lending Club lender account. It’s a simple application that can be completed in a few minutes online. (And it’s free!) Be sure, however, to complete all the steps required, as you will need this account to collect the $100 if you win.

Second, leave a comment in this post with a valid e-mail address before midnight EST on Friday, February 27, 2009. I will contact the winner next weekend. If you win, you will simply need to email me back with your Lending Club username so the funds can be deposited into your account. As with most promotions, this contest is void where prohibited. Create a Lending Club account now.

What is Lending Club?

Lending Club is a peer-to-peer lending company. That means that Lending Club lets normal people like you and I invest money in loans to other normal people. When you create a Lending Club lending account, you can deposit an amount of money large or small and begin contributing small amounts of your investment to fund various loans posted on the account.

People applying for loans on Lending Club must meet certain minimum credit criteria to post a loan application, but then you have the ability to choose the risk and reward (interest rate you’ll earn) by picking only the loans you want to invest in.

Once you lend money to a borrower and the borrower’s loan is funded, you will begin receiving your principal plus interest back in your lender account once they start making payments. Lending Club handles all the billing and collections.

I have used peer-to-peer lending as both a borrower and a lender, and I truly believe—especially given the recent failure of our nations banks’ lending systems—that peer-to-peer lending is the future of credit. By becoming a Lending Club lender, you have the power not only to earn a much better return on your money than you could in a bank account, but also contribute to the recovery of our nation’s lending system.

Earn and save more with our free course:

Join over 15,537 other young professionals. Get our best money hacks to get out of debt by 30, increase your income this year and invest for financial freedom.

100% free! I will NOT spam you and I will NOT share your email.

About David Weliver

David Weliver is the founding editor of Money Under 30. He's a cited authority on personal finance and the unique money issues we face during our first two decades as adults. He lives in Maine with his wife and two children.


  1. Lending Club has been a great way to invest money in an alternative way.

  2. I’ve never heard of this site before. It seems like a great way to invest a little bit of money and make a decent return

  3. Count me in. Lending Club is a good idea.

  4. Thanks!

  5. Love your site and I’m a big fan of Lending Club. Please enter me. Thanks!

  6. Awesome website. Love Money Under Thirty.

  7. I love the idea of Lending Club and would love a shot at the $100!

  8. Cool offer! I’m in!

  9. I was looking into doing a microfinance project in India and one of the organizations we looked into was Lending Club sounds like it follows the same principals as Kiva.

  10. I’d like to be entered t0o. thanks!

  11. Amanda Karpe says:

    I’m very excited about Lending Club. I just found you guys through and am pretty excited to get started lending!

  12. Love the blog. I’m trying out lending club just based on your recommendation

  13. Thank you for the opportunity to get a jumpstart on LendingClub. Looking to help invest in others! It’s money-growing time.

  14. Big believer in P2P lending and Lending Club. count me in, pleeeeaaaase

  15. I signed up…neat!

  16. Free money? Count me in!

  17. Okay, I signed up…seems like a cool idea.

  18. Way cool…count me in

  19. Thanks!

  20. Thanks for entering, everybody! The deadline for entries has past. The winner has been selected (using a random number generated by and contacted. I will post one last time when the winner accepts and the contest is officially closed. Thanks again for participating, and thanks to Lending Club for offering the prize!