Two new companies in the financial space, LendingClub and SoFi had very different days recently. It just goes to show you how quickly this new financial niche is moving. LendingClub Had a Bad Day LendingClub stormed onto the playing field as a peer-to-peer lender. In the early days, I was even one of the many …
Agency charged the company with deceiving loan applicants about hidden fees Online lender LendingClub Corporation agreed to pay $18 million to settle Federal Trade Commission charges that the company deceived consumers about hidden fees that it charged and about whether their loan applications were approved. In addition, the settlement bars LendingClub from making misrepresentations to …
For those with reasonably good to great credit the idea that the bank is the only place to obtain a debt consolidation loan are just incorrect. For quite some time now I’ve been going on and on about peer-to-peer lending networks like LendingClub.com. Lending Club connects people who want an unsecured debt consolidation loan with …
The thing I love about ReadyForZero.com is that it is painfully simple to use to help reduce your credit card debt, or at least to give you a plan on how to do it, for free. Now the brainiacs at ReadyForZero.com have spread their free love with expanding their service to assist people looking for …
You know how sometimes you start wondering about odd stuff. Granted sometimes it’s things like, “How do they get the cream filling in a Twinkie?” Well recently I was curious what day of the week most people apply for a debt consolidation loan. I know, I’m odd that way. In the debt world there are …
“Dear Steve, Making payments to credit cards on time, just have too many and want help to consolidate to make monthly payments lower. We have around $65k of debt—not including mortgage. Is there a way to get our debt consolodated? We refinanced the house and other debt 6 years ago so I know our debt …
“Dear Steve, I am seperated from my wife, she still lives in our house and we are struggling to cover our credit card debt. IS there a reputable company that will help us refinance our debt even though we are living apart? Russ” Dear Russ, Outside of LendingClub.com I can’t think of any other company …
I’ve talked a lot about LendingClub.com and I just logged on this month and helped to fund 34 new loan requests. As of right now, 61.45% of all loan requests are for debt consolidation loans and LendingClub.com has issues $138 Million in loans. It is the one resource I know where you can get below …
“Dear Steve, We own our home, have kept all of our monthly bills up to date and have not defaulted on anything, (maybe a little late but always paid) I have a mortgage, home equity, personal loan a student loan, a auto loan and 2 high credit card bills. We are pretty much at a …
There are all sorts or crooks, scams, get-rich-out opportunities that people fall for to make money and most of those opportunities seemingly hurt others. But what if you could earn a decent return by helping people to get out of debt at a lower interest rate, improve their credit rating and eliminate their debt at …