‘The Notes are presently being offered and sold solely to residents of the states of California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Louisiana, Minnesota, Mississippi, Montana, New Hampshire, Nevada, New York, Rhode Island, South Carolina, South Dakota, Utah, Virginia, Washington, Wisconsin, West Virginia, and Wyoming, and not presently being offered or sold to residents of any other state, the District of Columbia, any other territory or possession of the United States, or any foreign country.’

So, for the other twenty-five states and Washington D.C., you can’t purchase notes directly from Lending club. Which includes me, unfortunately.

And so far, working on my blog is more about the potential rewards; I’ve made exactly one cent off my blog so far, and gained one subscriber. So, I’ve got a ways to go before I’m even making minimum wage for the time I’m putting into the blog.

I wish it was worthwhile to work on my blog.

While I don’t have a problem with that in theory, in practice it seems like every loan that isn’t inches away from default is being sold at a premium, meaning I’d make less off it than the 8-10% that would be my goal (after taking possible defaults into account). Plus, it’d be much more work, and so far I’ve found it more worthwhile to hunt for jobs and work on my blog.