I have written a lot about LendingClub.com and the fact it is a person-to-person lending network where people like you and me lend others through the LendingClub.com platform.
Many of the loans I invest in are debt consolidation loans to help people that are looking for unsecured, low rate, fixed loans to pay off more expensive debt.
I logged on today to see how my account was going and noticed that LendingClub.com now offers loans up to five years. Previously it had only been three years.
The new five year notes appear to be marketed towards consumers that are looking for a lower monthly payment and investors who are looking for a higher return.
If you or someone you know is looking for an unsecured, fixed rate debt consolidation loan it might be worth checking out LendingClub and comparing their three year and new five year loan options.
Steve
You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.
Hi steve is it really true that lending clubs offering loans upto 5 years? And also many thanks for letting me know about this.
The five year loans are new but are being funded and issued already.
You are welcome.
Steve