A few months ago I wrote a review about my first 60 days on Lending Club, which have gone very well. My goal was to earn at least 9%, which according to the company CEO Renaud Laplanche in this NBC interview, the average return for investors on the site is 6-9%. After my first 5 months…
Tag: lending club reviews
Reviews of Lending Club investment strategies.
My First 60 Days on Lending Club Earning 13.3% So Far, So Good
Now days it is nearly impossible to find a decent interest rate in a checking or savings account. My savings account with Citi is earning me a paltry 0.75%. Starving for yield and not wanting to take the risk of buying stocks or mutual funds in this market that has had quite a run recently, I…