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Thread: Free $100 for Investing $2500 at LendingClub

  1. #1
    Spoofee.com! Spoofee's Avatar
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    Ad Free $100 for Investing $2500 at LendingClub

    If the stock market has you spooked out, here is a good alternative. LendingClub.com is a people to people lending system where they let you lend money to other individuals. Savings/CD returns are extremely low. It's more risky, but returns should be higher.

    Right now they are offering money for you to get started which gives you a 3-4% head start.

    - Link to $100 return on $2500 investment (4% return)

    - Link to $200 return on $5000 investment (4% return)

    - Link to $300 return on $10000 investment (3% return)

    Other Options
    - Lendstats shows that prosper.com is a competitor, but they do not perform as well. Click here to sign up for Prosper.com
    Last edited by Spoofee; 04-17-2013 at 02:06 PM.
    Thank you for using Spoofee.com

  2. #2
    Spoofee.com! Spoofee's Avatar
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    The idea is to spread out your loan to minimize risk.

    For example, if you have $2500, don't let one individual borrow $2500, but instead,
    100 different individuals borrow $25 each. That way if a few default, hopefully most will pay and you will still be profitable.
    Thank you for using Spoofee.com

  3. #3
    Spoofee.com! Spoofee's Avatar
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    If you already have a LendingClub account or have a lot more than $10,000 you want to invest in peer-to-peer lending, LendStats shows a better return on Prosper.com

    LendStats - Lendstats.com Prosper and LendingClub performance and lender statistics

    - Link to Prosper.com
    Thank you for using Spoofee.com

  4. #4
    L5 Recruit mike54721's Avatar
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    You should only loan $25 per loan, diversify~

  5. #5
    L0 N00b etanllah's Avatar
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    Has anyone that is recommending or warning about LendingClub used the service?

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