Posted by Charles Lee :: February 3, 2009 @ 12:43 pmToday, we're excited to receive a nod from Harvard Business Review, which has highlighted social lending as a Breakthrough idea for 2009.
"Whenever people come together to create a pool of capital, the potential for wealth creation blossoms. ...the internet and social networks enable peer-to-peer interaction on an unprecedented scale." - John Sviokla
Hit up the full read at HarvardBusiness.org.
No hassle 401K rollover or IRA transfer.
Combine over 9.5% net annualized returns with the tax advantages of an Individual Retirement Account.
Borrowers hurt by the credit squeeze and investors looking to boost their returns are increasingly turning to the same place: peer-to-peer lending.
"As an accountant, I am very conservative about money. My daughter's credit card jumped her interest rate... I found Lending Club and got a loan to pay off her credit card."
1 Comment
Hi, I am a new lender on LendingClub, very excited to see What your site has to offer, and all the great reviews.
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