Free $25 From Lending Club

by Dual Income No Kids on February 23, 2009 · 0 comments

Hi All,

If you’re considering getting into person to person lending, you might be interested to know that Lending Club is offering a $25 dollar sign up bonus for new lenders.

How it works is you sign up via the link below, and then you can either lend the $25 or withdraw it.

The link is here. You’ll need to:

1. Read the details and specifics here.

2. Open a lender account via the link above.

3. Wait for the deposit to be credited in your account.

Now, person to person lending on-line is still a new industry. In my personal view Lending Club has two major advantages over its major competitor – prosper.com. First, Lending Club lets you sell your loans on line if you want to cash out. Second, it only allows borrowers with reasonably good credit to apply for peer to peer loans. Finally, you should be aware that loaning money is risky, but ultimately you’ll never achieve financial security if you don’t take a few risks along the way. You may get better returns with peer-to-peer lending than if you bought bonds or other investment resources. Remember, the goal is to build wealth!

Happy Lending!

-James

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