Lending Club has a system in place that is fast becoming one of the best decisions to be made with investment dollars… especially in a down market. The alternatives available to the average investor pale in comparison to the several benefits offered when investing through Lending Club.
On their website Lending Club gives us these 7 Lucrative Reasons to Become an Investor:
- You can earn better returns – Since June 2007, Lending Club investors have earned an average net annualized return of over 9%. Read the report by Javelin Research.
- It’s straightforward – The money you invest funds loans made to creditworthy borrowers.
- We’re selective – Many borrowers apply, but less than one in ten are accepted. Lending Club approves only creditworthy borrowers as members.
- It’s easy – We make it easy to build a portfolio based on your criteria. Most lending members spread their investment across tens or hundreds of qualified borrowers.
- We set fair and fixed rates – Our rates are based on historical trends and the current economic climate. Borrowers pay a fixed rate for the 3-year life of the loan.
- You get flexibility – You can reinvest any interest and principal payments each month or withdraw them like an annuity. You can also put your notes up for sale on the Note Trading Platform.
- Do good while doing well – Many of our lender members find it rewarding to help others meet their financial goals. Especially in this economic environment, Lending Club members come through when big banks do not.
