Posted by Lending Club :: June 1, 2011 @ 12:16 pm

Finally, somebody tells it like it is:  longer-term certificates of deposit are bad investments because they make savers “lose out to inflation.” Elizabeth Ody, from Bloomberg News, arrived at this conclusion after combing through the latest report from Market Rates Insight. Many purchase CDs to lock in a fixed return that is also FDIC insured.  [...]

Posted by Lending Club :: May 18, 2011 @ 3:22 am

Everybody knows that the economic crisis came about, in large part, because loans were given that could not be paid back. Since then, both the government and individual lending agencies have developed stricter lending policies in order to prevent the same thing from happening again. In theory, this is a good thing.  Stricter lending laws [...]

Posted by Lending Club :: May 16, 2011 @ 3:08 pm

The following is a guest post by the NerdWallet.com team. NerdWallet is a website that helps you compare and find low interest rate credit card offers. The Nerdwallet team of finance bloggers and experts write for Forbes Moneybuilder Blog, Huffington Post, the Christian Science Monitor and many other outlets. Do you remember the CARD Act [...]

Posted by Lending Club :: May 13, 2011 @ 2:49 pm

…in more ways than one. We just marked our 4th anniversary, and as we continue setting monthly loan origination records ($17.5 million in April), quickly approach $300 million in total loans issued, and have paid over $22 million in interest to investors, we’ve decided it’s time to move on up, out of Silicon Valley and [...]

Posted by Lending Club :: April 29, 2011 @ 7:28 am

Well, ok.  That’s a stretch, but the reality is you don’t have to throw thousands of dollars at your wedding to make you happy.  In fact, scientist and statisticians have not found a clear correlation between how much you spend on your wedding and how loving and successful your marriage is.  What they did found [...]