My foray into peer to peer lending
I am the bank! I just made my first loan at Lending Club. I have been hanging around Prosper for a long time – reading loan stories and looking at the set-up, but I had never created an account. I had...
View ArticleIntro: Hedging with Lending Club
I made my second set of loans at Lending Club last week. I plan to lend $50 to $100 every month for the rest of the year. Each month, I will use a different set of criteria in order to spread out my...
View ArticleHedging with Lending Club I
This post is part of a series on how to increase your return on balance transfer arbitrage by using Lending Club. Balance transfer arbitrage is the practice of acquiring large sums of money from a...
View ArticleHedging with Lending Club II
This the next in a series of posts about my experiences with Lending Club. I am especially interested in getting the best possible return on my money without placing the principle at risk – since most...
View ArticleLending Club beat my expectations
I didn’t expect this result. When I opened Lending Club accounts for my wife and I over a year ago, I intended to lend out a little bit of money here and there, but not risk any real cash. For me,...
View ArticleStart earning money again
I recently heard a fellow personal finance blogger say that at the rate bank savings APR’s were dropping, it almost doesn’t make sense to keep saving money. Now, no self-respecting personal finance...
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