Archive for the ‘Lending Club’ Category
Tuesday, March 3rd, 2009
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 blogger would ever sign his name to such a statement and I am not going to "out" him here, ...
Posted in Lending Club | 7 Comments »
Monday, February 16th, 2009
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, Lending Club was a diversion. Looking at borrowers and reading ...
Posted in Lending Club | 7 Comments »
Thursday, March 6th, 2008
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 of my principle is the result of 0% balance transfer arbitrage. You may want ...
Posted in Lending Club | 4 Comments »
Thursday, February 14th, 2008
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 credit card at 0% interest, depositing the cash in the bank and then profiting from ...
Posted in Lending Club | 7 Comments »
Thursday, February 7th, 2008
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 risk and optimize my rate of return. ...
Posted in Lending Club | 12 Comments »
