Free Money From LendingClub
I’m always up for new ways to diversify my investments and for new ways to get my money to work for me. And peer-to-peer lending (instead of lending through a bank, you lend directly to people that want loans) always struck me as a great idea, but I never got over the fear of getting scammed.
What if a lender defaults on his/her payment? Not being covered by things like FDIC insurance or any other body that would protect me is one of those things that keeps people away from P2P.
But I recently got a $50 referral to join Lending Club. It was totally free and that’s the only reason I’m playing around the site now, experimenting with P2P for the very first time.
I’m actually kind of embarassed to be this late to the game because this has been around for a while and I’m only now playing around with it and learning by doing. Fifty bucks isn’t much but it’s something and I’m mainly going to use it to teach me the basics of P2P and to see if this style of lending has a future or not.
If you also want to try LendingClub, I can send you a referral so you can get your free $50 in your account and start playing around with it. Just email me and I’ll send you the link. I’ll get $25 and then you’ll be able to start referring people and making money yourself.
Here’s what it looks like:
Why not try it out for yourself to see what all the fuss is about?