My net annualized return with Lending Club is 11.06% according to their figures. This is despite having one loan charged off. This is better than their average return. I think the reason for my return being better than average is because I invested mostly in higher quality loans and I got lucky.
If you are interested in peer-to-peer lending or P2P loans you should consider signing up with Lending Club. They are currently offering a $25 bonus to new investors. If you sign up through one of the following affiliate links I will get a bonus as well.
Comments on this entry are closed.