fbpx

SoFi and LendingClub Have Very Different Days

Aidvantage Advice Already Dubious

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 …

Read more

LendingClub Agrees to Pay $18 Million to Settle FTC Charges

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 …

Read more

Unsecured Debt Consolidation and Personal Loans Being Handed Out at Record Rates

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 …

Read more

Ready for Zero Launches New Free Service to Help Lending Club Investors

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 …

Read more

The Best Day of the Week to Apply for a Debt Consolidation Loan

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 …

Read more

Is There a Way to Get a Loan to Consolidate Our Debt? – Denise

“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 …

Read more

Is There a Reputable Company That WIll Help Us Refinance Our Debt? – Russ

“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 …

Read more

I Just Invested in 34 Debt Consolidation Loans. Do You Know Anybody That Needs One?

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 …

Read more

How to Make Money Helping People to Get Out of Debt

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 …

Read more