There is no risk as when you open a Lending Club acct they will add $50 to your club acct that you can immediatly loan out at great interest rates withou risking any of your money, zero risk! You do not have to invest any of your own money!!
Lending Club enables individual investors and well-qualified borrowers to get better rates than with banks or credit card companies. Their straightforward, online approach operates at a cost much lower than the big banks.
It's no secret that banks are now charging people with good to excellent credit 15%-25% interest for loans and credit card debt.
Lending Club offers a better alternative with a simple and transparent model that leverages 50 years of credit default trends to set interest rates.
The result is that Lending Club facilitates loans at an average rate of 14% -- a lower rate than most creditworthy borrowers pay on their credit cards today.
And Lending Club investors have earned an average of 9.05% in the last 20 months. That's because when you cut out the costs of traditional financial institutions' overhead and complexity, you end up with a better rate for borrowers and better returns for investors.
Because you were invited by me, Lending Club will give you a $50 bonus when you sign up to become an investor. If you check it out, can you let me know what you think? Any questions i will be glad to answer!