Description
LendingClub Reviews – Round Up:
Quick Stats:
About LendingClub
LendingClub is one of a growing number of “peer-to-peer” lenders – businesses based on helping individual borrowers borrow money directly from individual “investors”, that is people looking to invest their money in the loans made to the borrowers.
Established 2007, with a large (and growing) network of smaller private investors – and innovative technology to best place key funds with key borrowers, LendingClub has helped lead the way in this new area of ethical lending. They offer personal loans of up to $40,000 and business loans of up to $500,000 – as well as specialist lending such as health and auto-refinancing, all at a comparatively modest cost.
From the LendingClub website:
At AmOne.com, we’re a free service that makes it faster and easier for consumers and small business owners of all credit situations to get matched with great loan programs.
Our website uses innovative technology to quickly match your request with our network of highly rated lenders available nationwide, to find available options. With so many great personal loans and small business loan programs available in one place, you’ll receive safe, reliable options you can count on, without having to spend hours searching for them on your own!
Tony –
I would highly recommend the Lending Club if you are looking for a personal loan. I wanted to consolidate credit card debt and a maxed out overdraft, the application process was straight forward and the rates are an improvement of the high interest I had been paying. Can’t complain!
Sam –
We had been refused credit from two of the major loan aggregators and found Lending Club almost by chance. I had never until that point encountered peer to peer lending and so applied to see if I’d have any more luck with this method of borrowing. I was delighted when I was not only accepted but even more so because it happened so quickly. I thought there would be much more to the process than there was. I’d heartily recommend the service especially if you’ve not had any luck with traditional lenders.